In 2024, losses from crypto scams and hacks surged by 21%, totaling $2.2 billion across 303 incidents, with centralized services and private key compromises being primary targets. Notable exploits included the $305 million DMM hack and a $235 million breach of WazirX. As AI-driven attacks rise, experts stress the need for enhanced security measures and regulatory oversight to combat evolving threats.
A hardware wallet user reported a loss of 10 BTC, valued at approximately $100,226, linked to a phishing attack. The user, known as "Anchor Drops," also lost $1.5 million in NFTs, with experts suggesting that a phishing transaction from 2022 may have allowed a hacker to drain the wallet after years of dormancy. Ledger emphasized the importance of user vigilance and understanding wallet interactions to prevent such incidents.
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