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Losses from crypto hacks down 60% in December: PeckShield
Crypto

Losses from crypto hacks down 60% in December: PeckShield

Key Takeaways (30s Read)

Crypto losses from hacks declined by 60% in December, but users still face significant risks.

A report from PeckShield indicates that losses from crypto hacks have decreased by 60% in December. This reflects improvements in security in the crypto market and heightened awareness among users. However, users still face losses of tens of millions of dollars due to common cyber scams such as address poisoning. While security measures are evolving, hackers continue to develop new strategies, urging investors to remain vigilant about the associated risks. It is crucial for investors to factor in these risks in the crypto landscape and not let their guard down. Enhanced security environments will contribute to restoring user confidence and improving market attractiveness in the future.
AI Analyst

AI Opinion

"The crypto market remains at high risk for cyber attacks, but the significant drop in losses during December is seen as a positive trend. Security measures and investor education are more crucial than ever. Investors need to focus on environments where safety is enhanced while remaining vigilant to the evolving tactics of cyber criminals. The resilience of the crypto market knows no bounds, and effective measures must be implemented to achieve sustainable growth. Overall, risk management will be at the heart of future investment strategies."
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Reviewed by: FX Market AI Editorial Team

AI Market Analysis Team

Combining advanced AI algorithms with professional trader insights. We analyze market drivers 24/7 to provide objective trading scenarios.