According to a report by PeckShield, over 20 hacks in September 2024 resulted in significant losses in the crypto space.

Major Incidents

Among the most significant incidents was the breach of BingX, leading to losses between $44 million and $52 million. Another incident involved Penpie losing $27 million due to an exploit. The Indonesian exchange Indodax also suffered losses amounting to $21 million after a breach in its withdrawal system.

Smaller Hacks

In addition to major attacks, other platforms were also targeted. DeltaPrime lost $5.98 million, Truflation $5.6 million, and Onyx $3.8 million. BananaGun, Bedrock, and Caterpillar Coin were also victims of smaller scale hacks.

Company Responses to Incidents

The cryptocurrency exchange BingX declared that it would cover all user losses. Other companies are also taking steps to enhance their platform security, including conducting internal audits and increasing investments in cybersecurity.

September 2024 marked a significant period for the cryptocurrency sector due to multiple attacks resulting in losses amounting to hundreds of millions of dollars, emphasizing the need for increased security measures in blockchain technology.