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$488.5M in Stolen Crypto Recovered as 2024 Losses Hit $3B: PeckShield

$488.5M in Stolen Crypto Recovered as 2024 Losses Hit $3B: PeckShield

Published:
2025-01-13 03:55:58
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PeckShield’s latest analysis reveals a troubling spike in crypto-related security breaches in 2024 alongside a bull market. Despite the grim statistics, recovery efforts have managed to reclaim hundreds of millions in stolen assets. The 2024 Crypto Security Annual Report highlights that total losses exceeded $3.01 billion, with $2.15 billion stemming from hacks and $834.5 million from scams, marking a 15% increase compared to 2023. The DeFi sector continues to account for the majority of losses, with May being the worst month in 2024.

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