Crypto security incidents in October lead to $129M in losses: CertiK

The biggest incidents in October included the Radiant Capital hack, a phishing attack and the hacking incident involving crypto exchange M2. 

Security incidents like exit scams, flash loan attacks and exploits pushed crypto losses in October to $129.6 million. 

According to data compiled by blockchain security firm CertiK, exit scams led to $1.2 million in losses, while flash loan attacks caused $1.5 million in crypto losses. Meanwhile, exploits accounted for the most losses, with $127 million lost to exploits. 

Major security incidents in October 2024. Source: CertiK 

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