Data from blockchain analytics firm Chainalysis shows that October is “the biggest month in the biggest year ever for hacking activity.” The firm added that crypto hackers have grossed over $3 billion across 125 hacks so far this year.
Crypto-hacking activity spikes in October
Chainalysis shared some crypto-related hacking statistics on Wednesday. The blockchain data analytics firm reported that in early 2019, the majority of hackers targeted centralized exchanges. However, most of the targets are now decentralized finance.[डीएफआई]There are protocols. Chainalysis wrote,
After four hacks yesterday, October is now the biggest month in the biggest year ever for hacking activity … So far this month, $718 million has been stolen from defi protocols across 11 different hacks.
The four hacks on Tuesday involved Rabi Wallet, QANPlatform, Temple DAO and Mango Markets. The biggest of the four was the Solana-based DeFi Protocol Mango Markets hack in which approximately $115 million was stolen.
“Cross-chain bridges remain a major target for hackers, with 3 bridges breached this month and nearly $600 million stolen, accounting for 82% of losses this month and 64% of losses all year,” Chainalysis detailed, elaborating:
At this rate, 2022 will surpass 2021 as the biggest year for hacking on record. So far, hackers have made over $3 billion through 125 hacks.
