<ul><li>The cryptocurrency sector has seen persistent challenges with hacks and scams, with over $1.4 billion lost to 179 incidents this year.</li><li>In October, losses amounted to $55.1 million, a 56.6% drop from September, but cumulative losses remain substantial.</li><li>The BNB Chain was the most targeted network in October, followed by Ethereum and Arbitrum.</li><li>While security measures have improved, high-value assets and DeFi ecosystems continue to attract malicious actors.</li></ul>

October Crypto Losses Drop, But Total Hacks Still Top $1.4 Billion This Year

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