Crypto Hack Losses Fell 60% in December to $76M: PeckShield

Crypto Hack Losses Fell 60% in December to $76M: PeckShield Crypto-related losses from hacks and cybersecurity exploits fell sharply in December, dropping 60% month-on-month to about $76 million. The post Crypto Hack Losses Fell 60% in December to $76M: PeckShield appeared first on Cryptonews. Crypto-related losses from hacks and cybersecurity exploits fell sharply in December, dropping 60% month-on-month to about $76 million, according to blockchain security firm PeckShield. Key Takeaways: Crypto hack losses fell 60% in December to $76 million, marking a sharp drop from NovemberâEUR(TM)s levels. A single address poisoning scam accounted for $50 million of losses, making it DecemberâEUR(TM)s largest crypto exploit. PeckShield warns that persistent threats like key leaks and browser wallet exploits still pose serious risks. The figure marks a notable decline from NovemberâEUR(TM)s $194.2 million, offering a rare pause after months of elevated attack activity across the sector.Address Poisoning Scam Drives $50M Loss in December Crypto ExploitsPeckShield said December saw 26 major crypto exploits, with a handful of incidents accounting for the bulk of losses. The largest involved a single user who lost $50 million in an address poisoning scam.In such attacks, threat actors send small transactions from wallet addresses that closely resemble legitimate ones, hoping victims will mistakenly copy or select the fraudulent address during a transfer.These scams often rely on visual similarity. Typically, the first and last few characters of the fake address match the real one, making it easy for users to miss subtle differences when scanning transaction histories. Attackers exploit that moment of inattention to redirect funds irreversibly.Another major incident in December involved a private key leak tied to a multi-signature wallet, which resulted in losses of about $27.3 million.PeckShield said the breach highlights the persistent risks around key management, even for wallets that rely on multiple approvals for transactions. #PeckShieldAlert December 2025 witnessed ~26 major crypto exploits, resulting in total losses of ~$76M.This figure represents a decrease of over 60% from November's total of $194.27M, marking a significant reduction in monthly Market Context The cryptocurrency market remains highly dynamic, with digital assets experiencing significant price movements driven by institutional adoption, regulatory developments, and technological innovations. Investors should consider both the potential rewards and risks associated with crypto investments. Key Takeaways Stay updated on cryptocurrency market developments and price movements Monitor regulatory news that could impact digital asset valuations Consider risk management strategies for volatile crypto investments Published: January 2, 2026 | Source: CryptoNews