Since the beginning of October, hackers have stolen about $718 million worth of cryptocurrencies, according to analytics platform Chainanalysis.

October has already become the most “profitable” for attackers in 2022, despite the fact that only 13 days have passed since the beginning of October. During this time, 11 hacks were committed.

Analysts estimate that a total of more cryptocurrency will be stolen in 2022 than in any other previous year. So far, the amount of cryptocurrency funds stolen as a result of 125 attacks have already exceeded $3 billion.

Previously, most of the attacks were carried out on centralized platforms, but now the hackers’ main targets are DeFi-protocols. In doing so, hackers most often exploit vulnerabilities in blockchain bridges. An attack on three of those bridges this month resulted in $600 million in losses, 82% of all losses this month.

One of the most high-profile incidents in October was the hacking of the BSC Token Hub bridge in the BNB Chain blockchain. Hackers managed to steal over $544 million worth of cryptocurrency, but were only able to withdraw $100 million

https://altcoin.ng/hackers-stole-718m-worth-of-cryptos-in-early-october/

Bad guys, I hope these exchanges are safe .

Crypto currency has been banned in Nigeria

Make I no even reason to convert am to naira ☹