{"id":66126,"date":"2026-01-02T22:01:33","date_gmt":"2026-01-02T22:01:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=66126"},"modified":"2026-01-02T22:01:33","modified_gmt":"2026-01-02T22:01:33","slug":"crypto-hack-losses-fell-60-in-december-new-data-shows","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=66126","title":{"rendered":"Crypto Hack Losses Fell 60% In December, New Data Shows"},"content":{"rendered":"
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According to PeckShield, losses from crypto<\/a> hacks dropped by about 60% in December, slipping to roughly $76 million from about $194 million in November.<\/p>\n

That sharp month-to-month decline was driven by fewer large-scale heists, but the damage that did occur was still significant. Reports have disclosed a mix of scams and technical failures that together made December anything but risk-free.<\/p>\n

December Losses Fall 60%<\/h2>\n

PeckShield tracked<\/a> roughly 26 major exploits during the month. The largest single hit was an address poisoning scam that took about $50 million. In that scheme, victims were tricked into sending funds to an address that looked almost identical to a legitimate one.<\/p>\n

Other large losses included a $27 million drain from a multi-signature wallet tied to a private key leak, about $7 million tied to a Trust Wallet exploit, and roughly $3.9 million linked to issues involving the Flow protocol. These figures were reported across multiple outlets and match the totals PeckShield compiled.<\/p>\n

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#PeckShieldAlert<\/a> December 2025 witnessed ~26 major crypto exploits, resulting in total losses of ~$76M.<\/p>\n

This figure represents a decrease of over 60% from November\u2019s total of $194.27M, marking a significant reduction in monthly losses.<\/p>\n

Notably:
\n\"\ud83d\udd3a\"Wallet 0xcB80\u2026819 lost $50M\u2026 pic.twitter.com\/CNW3R6646j<\/a><\/p>\n

\u2014 PeckShieldAlert (@PeckShieldAlert) January 1, 2026<\/a><\/p>\n<\/blockquote>\n

Major Scams Still Cause Big Damage<\/h2>\n

Address poisoning stood out because it relies on human error rather than a broken protocol. A small mistake \u2014 copying the wrong address \u2014 could wipe out a large transfer.<\/p>\n

Trust Wallet\u2019s loss was linked to a browser extension weakness that allowed attackers to move funds. In some cases, reimbursements were being discussed by affected services.<\/p>\n

Reports<\/a> have disclosed that private key exposure, even in wallets meant to be secure, continues to be a common root cause of big losses.<\/p>\n

<\/p>\n

Some experts say the fall in dollar losses reflects fewer massive breaches, not a vanishing of threats. Security teams have been more active, and some wallets tightened checks.<\/p>\n

But the methods used by attackers did not disappear. Scams that prey on mistakes, like the address trick, are still in play, and sophisticated intrusions remain possible.<\/p>\n

It was observed that a handful of incidents accounted for the bulk of December\u2019s total, which helps explain the large swing in monthly totals.<\/p>\n

Close monitoring into these trends by regulators and other stakeholders like platform operators will continue as well. There have been growing pressures to provide better protections<\/a> for exchanges and other wallets when there has been a breach; and for more timely actions after the compromise has been identified.<\/p>\n

Featured image from Unsplash, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

According to PeckShield, losses from crypto hacks dropped by about 60% in December, slipping to roughly $76 million from about $194 million in November. That sharp month-to-month decline was driven by fewer large-scale heists, but the damage that did occur was still significant. Reports have disclosed a mix of scams and technical failures that together […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-66126","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/66126","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=66126"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/66126\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=66126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=66126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=66126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}