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.
“Hacktober” saw around 44 exploits affecting 53 protocols, it added. Malicious actors made off with a whopping $760 million in the month. However, $100 million had been returned.
#PeckShieldAlert ~44 exploits (53 protocols affected) grabbed ~$760.2M in Oct. 2022, and ~$100M already returned the exploited protocols (Total loss: $657.2M)
As of October 2022, the stolen funds (~$3B) in 2022 “doubled” last year’s loss pic.twitter.com/mKZAjVk7UU— PeckShieldAlert (@PeckShieldAlert) October 31, 2022
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.
The top exploit for October was by far the BNB Chain which lost $586 million, according to PeckShield. It…
