Close Menu
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Categories
  • Altcoins (3,732)
  • Analysis (3,840)
  • Bitcoin (4,470)
  • Blockchain (2,157)
  • DeFi (2,623)
  • Ethereum (2,773)
  • Event (119)
  • Exclusive Deep Dive (1)
  • Landscape Ads (2)
  • Market (2,714)
  • Press Releases (12)
  • Reddit (2,847)
  • Regulation (2,474)
  • Security (4,103)
  • Thought Leadership (3)
  • Videos (44)
Hand picked
  • Uniswap RFC explores running private exchanges using v4 and UniswapX hooks
  • Australia targets Telegram a day after Russia indicts Durov
  • Bitcoin’s weak hands fold
  • Success Story: Jonathan Nichols’ Learning Journey with 101 Blockchains
  • Kraken Cyprus honored at the 14th Invest Cyprus International Investment Awards
We are social
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Facebook X (Twitter) Instagram
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Events
Altcoin ObserverAltcoin Observer
Home»Analysis»October Crypto Hacks Total Up to $88.4 Million in Losses Across 20 Incidents
Analysis

October Crypto Hacks Total Up to $88.4 Million in Losses Across 20 Incidents

November 1, 2024No Comments
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
Crypto News Five Recent Api Hacks In Crypto05.webp.webp
Share
Facebook Twitter LinkedIn Pinterest Email



PeckShield reports that in October, nearly 20 crypto hacks resulted in losses of approximately $88.4 million, with the main incident affecting Radiant Capital.

October proved to be a tough month for the crypto sector, with around two dozen hacker attacks resulting in losses of $88.4 million, while total on-chain losses reached $181 million .

Data compiled by blockchain analytics firm PeckShield shows that the largest incident involved Radiant Capital, which lost $53 million after multi-signature wallets linked to the Ethereum network were breached.

Other violations included the US government’s seizure of $20 million. However, the stolen funds were eventually recovered, while EigenLayer saw $5.7 million in crypto laundered through crypto exchanges such as HitBTC and Bybit.

⛑️OKX Explorer Monthly Security Report
In October, on-chain losses totaled $181 million, up 38.9% from last month. Phishing scams caused losses of $43.53 million.
👉On October 11, a Blast user lost $35 million in fwDETH due to a phishing “permit” signature.
👉On October 16, Radiant… pic.twitter.com/40ECZ0hwDa

– OKLink (@OKLink) November 1, 2024

Meanwhile, OKLink data indicates that phishing scams alone accounted for $43.5 million in losses, including approximately $35 million in fwDETH lost due to a signature phishing attack. misleading “license”. Additionally, private key leak incidents resulted in a $7.2 million loss of funds, while rug pulls accounted for $45.7 million in losses.

The latest data shows a 26% decrease in losses compared to September, when hackers stole $120 million in more than 20 incidents. While this figure remains significant, the overall impact of crypto hacks has been reduced compared to August, when the industry suffered over $300 million in losses from just 10 separate incidents.





Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleA feline summit in the dog-dominated crypto world
Next Article Top Analyst Says ‘God Candle’ Loads on Solana-Based Altcoin, Updates Outlook on Bitcoin and Dogecoin

Related Posts

Analysis

Bitcoin’s weak hands fold

July 30, 2026
Analysis

CLARITY Act Delay Shows Fight Against Crypto Market Structure Is Not Over

July 30, 2026
Analysis

CLARITY Act delay risks taking US lead on crypto, lawmaker warns

July 28, 2026
Add A Comment
Leave A Reply Cancel Reply

Single Page Post
Share
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Featured Content
Event

Dutch Blockchain Week 2026 strengthens position as Europe’s leading B2B blockchain event week

April 14, 2026

Amsterdam, April 2026 – Dutch Blockchain Week 2026 is rapidly evolving into one of Europe’s…

Event

Global Games Show Riyadh: The Ultimate Creator & Influencer Hub

March 31, 2026

The fast-evolving gaming ecosystem of Riyadh is powered by solid national investment, a flourishing esports…

1 2 3 … 82 Next
  • Facebook
  • Twitter
  • Instagram
  • YouTube

Australia targets Telegram a day after Russia indicts Durov

July 30, 2026

Ethena whales withdraw 102 million tokens from exchanges: has ENA selling pressure eased?

July 30, 2026

Audiera loses KEY support – can BEAT recover from 24% crash?

July 29, 2026
Facebook X (Twitter) Instagram LinkedIn
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
© 2026 Altcoin Observer. all rights reserved by Tech Team.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 75,595.00
ethereum
Ethereum (ETH) $ 2,226.31
tether
Tether (USDT) $ 0.999159
bnb
BNB (BNB) $ 694.24
xrp
XRP (XRP) $ 1.16
usd-coin
USDC (USDC) $ 0.999675
solana
Solana (SOL) $ 88.96
tron
TRON (TRX) $ 0.319612
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.03