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Crypto Hacks in October: Analyzing Over $129 Million in Losses

  • Crypto hacks in October resulted in over $129 million lost across 20+ attacks, highlighting significant vulnerabilities in the sector.
  • Major incidents included a $53 million hack of Radiant Capital and platform exploits accounting for over 60% of total losses.
  • The need for improved security measures is urgent, as only $245,000 was recovered from the total losses, emphasizing the risks for investors.
  • Various crypto platforms and exchanges such as M2 Exchange, Eigenlayer, and Tapioca Foundation were also targeted in significant attacks.

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