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Data from blockchain analytics firm Chainalysis shows that October is \u201cthe biggest month in the biggest year ever for hacking activity.\u201d The firm added that crypto hackers have grossed over $3 billion across 125 hacks so far this year.<\/strong><\/p>\n Chainalysis shared some crypto-related hacking statistics Wednesday. The blockchain data analytics firm explained that back in 2019, most hacks targeted centralized exchanges. However, a vast majority of targets are now decentralized finance (defi) protocols. Chainalysis wrote<\/a>:<\/p>\n After four hacks yesterday, October is now the biggest month in the biggest year ever for hacking activity \u2026 So far this month, $718 million has been stolen from defi protocols across 11 different hacks.<\/p>\n<\/blockquote>\n The four hacks that took place on Tuesday involved Rabby wallet, QANPlatform, Temple DAO, and Mango Markets. The biggest exploit of the four was the Solana-based defi protocol Mango Markets hack which saw about $115 million<\/a> stolen.<\/p>\n \u201cCross-chain bridges remain a major target for hackers, with 3 bridges breached this month and nearly $600 million stolen, accounting for 82% of losses this month and 64% of losses all year,\u201d Chainalysis detailed, elaborating:<\/p>\n At this rate, 2022 will likely surpass 2021 as the biggest year for hacking on record. So far, hackers have grossed over $3 billion dollars across 125 hacks.<\/p>\n<\/blockquote>\nCrypto-Hacking Activity Soars in October<\/h2>\n
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