Crypto Hacks Decline to Yearly Low in October
The cryptocurrency market experienced a rare moment of relief in October, as the total value lost to hacks and exploits reached its lowest level of the year.
Data from blockchain security firm PeckShield shows that only $18.18 million was stolen across 15 separate incidents. This represents a steep 85.7% decline from the $127.06 million recorded in September.
Crypto Hacks Hit Year-Low Even as New Risks Emerge
The largest incidents of the month occurred at Garden Finance, Typus Finance, and Abracadabra, which collectively accounted for $16.2 million of the total stolen funds.
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Garden Finance, a Bitcoin peer-to-peer protocol, disclosed on October 30 that it had…
