In 2024, cryptocurrencies faced over 410 security breaches, causing losses of $2.013 billion, with DeFi being the hardest hit. These incidents show the urgent need for better security, stricter rules, and more trust in digital assets.

2024 was a year for cryptocurrency, big security issues and scam projects have shown that the system needs improvement. According to SlowMist Hacked, there have been 410 security incidents reported in 2024, where huge losses account for $2.013