Chainalysis: October became a record month for the volume of cryptocurrencies stolen by hackers

Chainalysis, an analytics firm, has announced that 2022 is set to become the leader in terms of the volume of cryptocurrency hacks. So, in 12 days of October, hackers stole more assets than in other months of this year.

According to Chainalysis, in October there were 11 hacks of cryptocurrency projects, and the stolen assets are estimated at $718 million. For comparison, over the entire past year, hackers stole assets worth $3 billion during 125 attacks.

This month, 82% of funds were stolen from bridges, and if you count for a year, such attacks account for more than 50% of stolen funds. There have been three attacks on cross-chain smart contracts, including the recent Binance Smart Chain Token Hub hack, during which the attackers siphoned off over $100 million worth of assets.

Analysts also included in their statistics the hack of the Mango Market trading platform on the Solana blockchain, as a result of which the company lost $114 million in various assets.

Source: Bits

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