October Sees 56 Attacks in Crypto Industry, Losses Reach $6.48 Billion, Up 745% Month-on-Month

In October 2026, the crypto industry experienced 56 major security incidents, resulting in total losses of approximately $6.48 billion, an increase of about 745% compared to September's $766.49 million. Among these, the Binance security incident accounted for around $6.3 billion in losses, with an additional $3 billion in assets frozen, making it the largest loss event in the crypto industry this year, surpassing Bitget (approximately $387 million) and Liquid Network (approximately $320 million), which ranked second and third respectively. In the Liquid Network incident, about $285 million has been recovered. As of October 31, the top ten attack events of the year collectively caused approximately $8.6 billion in losses, accounting for 92.3% of the total annual losses, and this statistic has not yet deducted the frozen and recovered funds. In addition to the aforementioned incidents, Drift, KelpDAO/LayerZero, and COLDCARD Wallet also ranked among the top ten annual loss events.

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