$3 Billion In Cryptocurrency Stolen During “Hacktober”

Coin Telegraph reports:

The month of October has broken all records for crypto exploits and the amount of digital loot pilfered — living up to its new moniker of “Hacktober” — according to the latest figures.

On Oct. 31, blockchain security firm PeckShield tweeted some scary statistics for the month, reporting a total of $2.98 billion in stolen digital assets as of Oct. 31, 2022, which is nearly double the $1.55 billion lost in all of 2021.

After October, March was the second-highest month for hacked funds, with just under $710 million stolen. The majority of this was from the Ronin bridge exploit, which resulted in $625 million in crypto assets being pilfered.

Read the full article.

“Uptober” is now “Hacktober.”

The month of October broke all records for crypto exploits and the amount of digital loot pilfered according to the latest figures. https://t.co/wxXtozFzMg

— Cointelegraph (@Cointelegraph) November 1, 2022