HomeNewsCrypto Hacking Losses Plunge 85% in October as Industry Security Strengthens

Crypto Hacking Losses Plunge 85% in October as Industry Security Strengthens

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The cryptocurrency industry marked one of its most secure months on record, with losses from hacking incidents falling by 85.7% in October 2025, according to a report from blockchain security firm PeckShield. Total damages amounted to $18.18 million across 15 incidents, a sharp decline from $127.06 million in September, signaling a major improvement in the sector’s cybersecurity resilience.

Experts attribute this drop to the growing sophistication of multi-layer security frameworks, real-time threat detection, and faster incident response by exchanges and blockchain projects. A Bitcoin World analysis described the shift as “a turning point” in how crypto platforms handle cyber threats, noting that cross-border collaboration between companies and authorities is becoming increasingly effective in tracking and freezing stolen assets.

Unlike the massive protocol breaches that defined earlier quarters, October’s incidents were smaller in scale and impact, showing that DeFi platforms and custodians have successfully reduced single-point vulnerabilities. PeckShield emphasized that these developments reflect the maturing of crypto’s security infrastructure, where prevention measures are now catching up with attacker sophistication.

At the same time, optimism across the industry continues to grow. Crypto venture capital funding surged to $5.11 billion in October, led by investors such as Coinbase Ventures and Binance Alpha, with AI integrations, prediction markets, and real-world asset (RWA) tokenization attracting the bulk of capital.

Projects like Orama Labs, which surpassed $3.6 million in total value locked (TVL) following independent security audits, highlight the direction the market is heading—toward safer, more transparent ecosystems capable of scaling without the security compromises of previous years.

While experts caution that no system is immune to exploitation, the data paints a clear trend: the crypto industry is learning, adapting, and, at least for now, winning the battle against cyberattacks.

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Peter Macharia
Peter Macharia
Peter Macharia is a crypto enthusiast and seasoned writer who specializes in blockchain technology, digital assets, and decentralized finance. He has a talent for simplifying complex concepts and turning them into engaging informative content. With a deep understanding of the industry, Peter delivers clear and precise analysis that resonates with both beginners and experienced crypto enthusiasts.
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