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Crypto Hacks Cost $1.18 Billion In Q3 As Smart Contract Exploits Surge

Bitcoinist
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Crypto Hacks Cost $1.18 Billion In Q3 As Smart Contract Exploits Surge

Crypto’s third-quarter security bill came to $1.18 billion, but the headline total is only part of Hacken’s latest warning. The firm recorded 107 incidents between July and September, with smart-contract exploits taking a much larger share of losses than they did three months earlier. TL;DR: Hacken reported $1.18 billion stolen across 107 incidents in Q3 […]

Key Takeaways

  1. Crypto’s third-quarter security bill came to $1.18 billion, but the headline total is only part of Hacken’s latest warning.
  2. The firm recorded 107 incidents between July and September, with smart-contract exploits taking a much larger share of losses than they did three months earlier.
  3. TL;DR: Hacken reported $1.18 billion stolen across 107 incidents in Q3 […]
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Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.

Crypto Hacks Cost $1.18 Billion In Q3 As Smart Contract Exploits Surge | IndiCrypto