December 2022 Lowest Month for Crypto Thefts at Just $62 Million

• December ended as the lowest month for crypto thefts in 2022, with the industry losing just $62 million.
• According to blockchain security firm CertiK, the industry suffered losses of approximately $62.2 million in December, making it the lowest monthly figure in 2022.
• Blockchain intelligence firm Chainalysis disclosed that the industry lost more than $3 billion across 125 hacks from January to October 2022.

December of 2022 was the lowest month for crypto thefts in the entire year, with the industry only suffering losses of around $62 million. This is a staggering statistic, considering the large amount of hacks and thefts that have taken place in the crypto space in the past few years.

This news was confirmed by blockchain security firm CertiK, which reported that the industry lost approximately $62.2 million in December. This figure is the lowest monthly figure in 2022, which is impressive given the amount of cybercrime activity that has been seen in the crypto space this year.

Another firm, blockchain intelligence firm Chainalysis, reported that the industry lost more than $3 billion across 125 hacks from January to October 2022. This can be seen as a stark contrast to the losses seen in December 2022, showcasing how the crypto space has become increasingly secure over the past few months.

The decrease in crypto thefts can be attributed to a number of factors, including improved security measures, better awareness about the risks of crypto investing, and a general uptick in the price of cryptocurrencies. All of these factors have made it increasingly difficult for cybercriminals to carry out successful hacks and thefts in the crypto space.

The crypto industry has seen some significant changes over the past year, and the decrease in crypto thefts is one of the most positive developments. This news is encouraging for investors, as it shows that the crypto space is becoming increasingly secure and that the industry is well-positioned for continued growth in the coming years.