Bitcoin
Bitcoin (BTC)
$91,203.00 4.54178
Bitcoin price
Ethereum
Ethereum (ETH)
$1,698.97 7.86281
Ethereum price
BNB
BNB (BNB)
$607.91 1.91218
BNB price
Solana
Solana (SOL)
$144.43 5.56511
Solana price
XRP
XRP (XRP)
$2.16 3.62311
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000133 7.56599
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000085 8.9769
Pepe price
Bonk
Bonk (BONK)
$0.0000145 17.01738
Bonk price
dogwifhat
dogwifhat (WIF)
$0.474607 8.24256
dogwifhat price
Popcat
Popcat (POPCAT)
$0.319944 24.52136
Popcat price
Bitcoin
Bitcoin (BTC)
$91,203.00 4.54178
Bitcoin price
Ethereum
Ethereum (ETH)
$1,698.97 7.86281
Ethereum price
BNB
BNB (BNB)
$607.91 1.91218
BNB price
Solana
Solana (SOL)
$144.43 5.56511
Solana price
XRP
XRP (XRP)
$2.16 3.62311
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000133 7.56599
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000085 8.9769
Pepe price
Bonk
Bonk (BONK)
$0.0000145 17.01738
Bonk price
dogwifhat
dogwifhat (WIF)
$0.474607 8.24256
dogwifhat price
Popcat
Popcat (POPCAT)
$0.319944 24.52136
Popcat price
Bitcoin
Bitcoin (BTC)
$91,203.00 4.54178
Bitcoin price
Ethereum
Ethereum (ETH)
$1,698.97 7.86281
Ethereum price
BNB
BNB (BNB)
$607.91 1.91218
BNB price
Solana
Solana (SOL)
$144.43 5.56511
Solana price
XRP
XRP (XRP)
$2.16 3.62311
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000133 7.56599
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000085 8.9769
Pepe price
Bonk
Bonk (BONK)
$0.0000145 17.01738
Bonk price
dogwifhat
dogwifhat (WIF)
$0.474607 8.24256
dogwifhat price
Popcat
Popcat (POPCAT)
$0.319944 24.52136
Popcat price
Bitcoin
Bitcoin (BTC)
$91,203.00 4.54178
Bitcoin price
Ethereum
Ethereum (ETH)
$1,698.97 7.86281
Ethereum price
BNB
BNB (BNB)
$607.91 1.91218
BNB price
Solana
Solana (SOL)
$144.43 5.56511
Solana price
XRP
XRP (XRP)
$2.16 3.62311
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000133 7.56599
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000085 8.9769
Pepe price
Bonk
Bonk (BONK)
$0.0000145 17.01738
Bonk price
dogwifhat
dogwifhat (WIF)
$0.474607 8.24256
dogwifhat price
Popcat
Popcat (POPCAT)
$0.319944 24.52136
Popcat price

Crypto losses decreased by 85% in October 2023

Yana Khlebnikova
Edited by
News
Crypto losses decreased by 85% in October 2023

The crypto losses in October amounted to $51.6 million, an 85% decrease compared to September 2023.

The crypto market in October 2023 suffered over 23 security incidents, such as hacker attacks, phishing scams, and rug pulls, resulting in a total loss of more than $51.6 million worth of crypto, blockchain firm Beosin revealed in a recent report.

According to the firm, despite the multi-million losses, October saw an 85.6% decrease in stolen funds compared to September 2023. Most funds were stolen due to hacker attacks, accounting for approximately $28.3, followed by rug pull incidents with $12 million in lost funds. Phishing scams resulted in about $11.2 million in losses, Beosin added.

As noted by another analytic blockchain firm, CertiK, the largest hack attack in October targeted the Fantom Foundation wallet, which lost around $7 million worth of crypto. Beosin emphasized that incidents related to the Fantom Foundation, Coins.ph, and LostPass had one thing in common: private key compromise.

In total, the crypto industry lost nearly $890 million to hacks, scams, and rug pulls in Q3, 2023. As Beosin analysts earlier noted, over $540.16 million were lost in 43 cyber-attacks per Q3, with almost $283 million and more than $66 million lost in 81 rug pulls and phishing scams, respectively.