October crypto losses reach $129M from hacks and exit scams
By X-blogger - on November 4, 2024
Security incidents like exit scams, flash loan attacks and exploits pushed crypto losses to $129.6 million in October. Exploits accounted for the most losses, with $127 million lost. The biggest incident in October involves the Radiant Capital, a lending protocol that lost over $50 million last month.
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