December brought some relief to the crypto community—security breaches plummeted to just 26 incidents resulting in $76.2 million in losses, representing a sharp 60% drop from November's alarming $194.2 million haul. However, the full-year picture tells a grimmer story. According to PeckShield's analysis, 2025 saw total theft reach $2.2 billion across the sector. The damage was concentrated: a major exchange suffered a devastating $1.4 billion breach that single-handedly dominated the year's security failures. While December's improvement is encouraging, the cumulative impact underscores persistent vulnerabilities in crypto infrastructure and the ongoing need for stronger security protocols.