In October, $760 million in cryptocurrency was stolen

There were 44 hacks during October. Of the $760 million, developers were able to recover $100 million.

The 44 October hacks resulted in the theft of $760 million worth of cryptocurrency by hackers. According to analysts at PeckShield Alert, $100 million was recovered from the owners. The total value of the losses was $657.2 million. This is a text from catalogue CryptoDeFix. A total of $3 billion in cryptocurrency was stolen this year.

#PeckShieldAlert ~44 exploits (53 protocols affected) grabbed ~$760.2M in Oct. 2022, and ~$100M already returned the exploited protocols (Total loss: $657.2M)
As of October 2022, the stolen funds (~$3B) in 2022 “doubled” last year’s loss pic.twitter.com/mKZAjVk7UU
— PeckShieldAlert (@PeckShieldAlert) October 31, 2022

In October, BNB Chain was hacked, which resulted in the theft of $544 million by attackers, but only $100 million could be withdrawn. The developers managed to block the transfers before the hacker managed to withdraw the amount. Now he has about $432 million in his account, which cannot be cashed out.

The developers decided to hold a vote, which will decide the fate of the funds in the hacker’s account. Either they will remain frozen, or tokens will be burned to cover some of the stolen funds.