Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Gold multiplier ratio called Bitcoin Top in 2021, this is what it says now

2025-05-18

The sale of Chainlink starts: will the retail trade hold the line this time?

2025-05-18

Creator of more than 100 memecoins says that carpet trekkings are the ‘easiest way to earn money’

2025-05-18
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    B2 Network brings AI to Bitcoin with DSN-AI Rollup Protocol

    2025-05-18

    The Alice Collective elevates ‘My Neighbor Alice’ in collaboration with Persona Journey

    2025-05-17

    Cardano (ADA) Founder reveals long-awaited AirDrop details! Will be distributed among 37 million portfolios! – Some users cannot receive AirDrop!

    2025-05-17

    Top 5 block chains due to 7-day growth in active addresses and transactions

    2025-05-17

    SFT protocol to redefine Web3 Sports Landscape in collaboration with Athleta Network

    2025-05-17
  • NFT

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16

    Founder wallet emptied while he leaves

    2025-05-15

    British Museum puts sculptures from Dürer’s ‘Rhinoceros’ on Bitcoin Blockchain

    2025-05-14

    The Shibuya streaming platform from PPLEPPLEASR is back with 5 epic short films

    2025-05-14
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Michael Burry van Big Short abruptly sells one ‘recession-proof’ assets

    2025-05-17

    $ 40 billion in XRP on the road – where are they going?

    2025-05-17

    Bitcoin who sees heavy accumulation on Coinbase and Binance, says analysis company Glassnode – here is the prospects

    2025-05-17

    Analyst who mentioned XRP price mark at $ 0.5 says that the increase in this level is coming

    2025-05-17

    Billionaire Warren Buffett dumps $ 3,230,000,000 from Berkshire’s exposure to Citigroup, Bank of America and Capital One after leaving Wells Fargo, JPMorgan Chase

    2025-05-17
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»DeFi»Barely halfway and October’s the ‘biggest month’ in crypto hacks: Chainalysis
DeFi

Barely halfway and October’s the ‘biggest month’ in crypto hacks: Chainalysis

2022-10-14No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Blockchain analytics agency Chainalysis has labeled October 2022 as “the largest month within the greatest 12 months ever for hacking exercise” with the full hacked worth for the month practically reaching $718 million.

Regardless of not being greater than midway by means of the month, Chainalysis said 11 completely different hacks on decentralized finance (DeFi) protocols had seen a whole lot of hundreds of thousands exploited.

4 exploits alone occurred on Oct. 11 price round $122 million. Hackers siphoned $200,000 in crypto utilizing a wise contract from crypto pockets Rabby Pockets, $1.89 million from blockchain QANplatform’s Ethereum bridge, $2 million from TempleDAO and a $118 million exploit on the Solana-native Mango Markets.

Chainalysis says 2021 was the largest 12 months for blockchain-based hacks on document each when it comes to complete worth hacked and the full variety of hacks, however on the present charge, 2022 may “seemingly surpass” final 12 months’s figures as over $3 billion has been exploited throughout 125 hacks up to now.

2/ At this charge, 2022 will seemingly surpass 2021 as the largest 12 months for hacking on document. Thus far, hackers have grossed over $3 billion {dollars} throughout 125 hacks. pic.twitter.com/vgT3pz2iOu

— Chainalysis (@chainalysis) October 12, 2022

The agency says it’s seeing a shift in the place exploits are going down too.

In 2019, most hacks occurred on centralized cryptocurrency exchanges, however as these corporations elevated safety, the massive majority of hacks, round 90% in 2022, have taken place on DeFi protocols.

Associated: From neglecting safety to unhealthy tokenomics, DeFi has performed a hand in its personal decline

The most important goal for hackers is cross-chain bridges, with three bridges focused this month accounting for 82% of October’s losses. In response to Chainalysis, the most important of those bridge hacks was a roughly $100 million exploit within the bridge between crypto change Binance’s BNB Sensible Chain and Beacon Chain.

See also  Here’s how Avalanche could make progress in the DeFi sector

Source link

Barely Biggest Chainalysis Crypto hacks Halfway month Octobers
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

A dozen new defendants who were sued in the alleged Rico -entry, connected to $ 263,000,000 crypto theft

2025-05-17

Complating digital assets win the long game in Crypto

2025-05-17

Hoskinson of Cardano rejects crypto -tribalism, reveals new details about massive ‘glacier drop’

2025-05-16

Ethereum -Rallies, Bitcoin stalls: Reforms capital rotation The Crypto landscape?

2025-05-16
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Top NFT Projects by Social Activity, Ape and Floki lead the pack

2024-11-29

Tether buys 8,888 Bitcoin for $618 million, but why is the price falling?

2024-04-02

Puss In Boots Quest in The Sandbox Metaverse

2023-07-04
Editors Picks

CryptoDickbutts Debuts Series 4, But With a “Twist”

2023-08-01

Fold set to debut on Nasdaq, where Bitcoin presence in Tradefi is strengthened

2025-02-18

Dubai offers tokenization Sandbox to stimulate digital financing leadership

2025-03-19

Ethereum Rally Loses Steam, Why ETH Could Revisit Resistance Turned Support

2023-08-30
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Gold multiplier ratio called Bitcoin Top in 2021, this is what it says now

The sale of Chainlink starts: will the retail trade hold the line this time?

Creator of more than 100 memecoins says that carpet trekkings are the ‘easiest way to earn money’

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$103,562.470.12%
  • ethereumEthereum(ETH)$2,506.380.68%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.380.53%
  • binancecoinBNB(BNB)$645.270.16%
  • solanaSolana(SOL)$169.790.65%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.2210611.64%
  • cardanoCardano(ADA)$0.76-0.79%
  • tronTRON(TRX)$0.2721321.15%
  • suiSui(SUI)$3.840.18%
  • chainlinkChainlink(LINK)$15.641.11%
  • avalanche-2Avalanche(AVAX)$22.81-0.30%
  • hyperliquidHyperliquid(HYPE)$27.01-0.38%
  • stellarStellar(XLM)$0.290225-0.26%
  • shiba-inuShiba Inu(SHIB)$0.0000151.57%
  • hedera-hashgraphHedera(HBAR)$0.193336-0.23%
  • unus-sed-leoUNUS SED LEO(LEO)$8.67-3.04%
  • bitcoin-cashBitcoin Cash(BCH)$400.210.24%
  • the-open-networkToncoin(TON)$3.111.20%
  • polkadotPolkadot(DOT)$4.730.00%
  • litecoinLitecoin(LTC)$98.05-2.58%
  • moneroMonero(XMR)$341.571.18%
  • bitget-tokenBitget Token(BGB)$5.082.53%
  • piPi(PI)$0.769.92%
  • pepePepe(PEPE)$0.0000132.71%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • bittensorBittensor(TAO)$427.811.68%
  • uniswapUniswap(UNI)$5.940.44%
  • aaveAave(AAVE)$226.79-0.44%
  • nearNEAR Protocol(NEAR)$2.76-0.05%
  • aptosAptos(APT)$5.190.86%
  • okbOKB(OKB)$53.02-0.29%
  • ondo-financeOndo(ONDO)$0.931.30%
  • kaspaKaspa(KAS)$0.110741-3.49%
  • internet-computerInternet Computer(ICP)$5.25-0.01%
  • ethereum-classicEthereum Classic(ETC)$18.390.21%
  • gatechain-tokenGateToken(GT)$21.630.47%
  • crypto-com-chainCronos(CRO)$0.099144-0.05%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.943.79%
  • mantleMantle(MNT)$0.730.20%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2364031.59%
  • vechainVeChain(VET)$0.0283401.40%
  • render-tokenRender(RENDER)$4.621.42%
  • ethenaEthena(ENA)$0.3802020.70%
  • usd1World Liberty Financial USD(USD1)$1.000.02%
  • filecoinFilecoin(FIL)$2.851.12%
  • algorandAlgorand(ALGO)$0.2208220.34%
  • arbitrumArbitrum(ARB)$0.3890762.94%
  • bitcoinBitcoin(BTC)$103,562.470.12%
  • ethereumEthereum(ETH)$2,506.380.68%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.380.53%
  • binancecoinBNB(BNB)$645.270.16%
  • solanaSolana(SOL)$169.790.65%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.2210611.64%
  • cardanoCardano(ADA)$0.76-0.79%
  • tronTRON(TRX)$0.2721321.15%
  • suiSui(SUI)$3.840.18%
  • chainlinkChainlink(LINK)$15.641.11%
  • avalanche-2Avalanche(AVAX)$22.81-0.30%
  • hyperliquidHyperliquid(HYPE)$27.01-0.38%
  • stellarStellar(XLM)$0.290225-0.26%
  • shiba-inuShiba Inu(SHIB)$0.0000151.57%
  • hedera-hashgraphHedera(HBAR)$0.193336-0.23%
  • unus-sed-leoUNUS SED LEO(LEO)$8.67-3.04%
  • bitcoin-cashBitcoin Cash(BCH)$400.210.24%
  • the-open-networkToncoin(TON)$3.111.20%
  • polkadotPolkadot(DOT)$4.730.00%
  • litecoinLitecoin(LTC)$98.05-2.58%
  • moneroMonero(XMR)$341.571.18%
  • bitget-tokenBitget Token(BGB)$5.082.53%
  • piPi(PI)$0.769.92%
  • pepePepe(PEPE)$0.0000132.71%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • bittensorBittensor(TAO)$427.811.68%
  • uniswapUniswap(UNI)$5.940.44%
  • aaveAave(AAVE)$226.79-0.44%
  • nearNEAR Protocol(NEAR)$2.76-0.05%
  • aptosAptos(APT)$5.190.86%
  • okbOKB(OKB)$53.02-0.29%
  • ondo-financeOndo(ONDO)$0.931.30%
  • kaspaKaspa(KAS)$0.110741-3.49%
  • internet-computerInternet Computer(ICP)$5.25-0.01%
  • ethereum-classicEthereum Classic(ETC)$18.390.21%
  • gatechain-tokenGateToken(GT)$21.630.47%
  • crypto-com-chainCronos(CRO)$0.099144-0.05%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.943.79%
  • mantleMantle(MNT)$0.730.20%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2364031.59%
  • vechainVeChain(VET)$0.0283401.40%
  • render-tokenRender(RENDER)$4.621.42%
  • ethenaEthena(ENA)$0.3802020.70%
  • usd1World Liberty Financial USD(USD1)$1.000.02%
  • filecoinFilecoin(FIL)$2.851.12%
  • algorandAlgorand(ALGO)$0.2208220.34%
  • arbitrumArbitrum(ARB)$0.3890762.94%