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October leads in the number of hacker attacks on cryptocurrencies

October leads in the number of hacker attacks on cryptocurrencies

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by dapp_writer005

3 years ago


Research by Chainalysis analysts has shown that this year could be the largest in terms of the number of scammers and hacks. In only 2 weeks of October, hackers stole more assets than in all other months of this year.

In total, 11 attacks were in October, which led to losses of $718 million. Over the past year, 125 hacks were committed and $3 billion were stolen.

Bridges have been hit the hardest this month. Also, 3 attacks were on cross-chain smart contracts. Among the most talked about hacks - the recent attack on the Binance Smart Chain Token Hub. More than $100 million was then stolen.

Also, a major attack was made on the Mango Market trading platform. The hackers managed to withdraw the liquidity from the pools. As a result, the participants of the system lost more than $110 million.

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