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Crypto losses from hacks, scams soar to $750 million in Q3 – CertiK

  • Malicious actors stole over $750 million in crypto-related hacks and scams in Q3, pushing total losses for the year to over $1.9 billion.
  • 155 separate incidents led to the losses, showing a 9.5% increase compared to the previous quarter.
  • The largest incidents involved a $238 million phishing attack, a $231 million hack of an India-based exchange, and a $55.4 million phishing scam.
  • Phishing attacks and private key compromises were the most common methods used by attackers, leading to losses exceeding $343 million and $324 million, respectively.

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