In October 2024, crypto industry losses amounted to $129.6 million due to security incidents, including hacks and scams.Radiant Capital suffered the biggest loss, losing over $50 million in a hack on October 16.Exit scams accounted for $1.2 million, flash loan attacks caused $1.5 million in losses, and exploits contributed to $127 million in crypto losses.These incidents highlight the ongoing security challenges in the crypto sector, emphasizing the importance of robust protection measures.