Losses up about 745% month-over-month, with 56 major attacks in the crypto industry in October
Odaily reports: According to PeckShield data, in October 2026 there were 56 major security incidents in the crypto industry, with cumulative losses of approximately $6.48 billion, an increase of about 745% compared with approximately $766 million in September. Among them, the Binance security incident caused losses of approximately $6.3 billion, and another approximately $3 billion in assets has been frozen, making it the largest crypto industry security incident by loss amount so far this year, exceeding Bitget's approximately $387 million and Liquid Network's approximately $320 million, which ranked second and third respectively. In the Liquid Network incident, approximately $285 million has been recovered. As of October 31, the top ten attacks by annual loss amount had caused combined losses of approximately $8.6 billion, accounting for 92.3% of the total losses for the year; this statistic has not yet deducted frozen and recovered funds. In addition to the above incidents, Drift, KelpDAO/LayerZero, COLDCARD Wallet, and others also ranked among the top ten on the annual loss list.
