Chainalysis: DeFi Protocols Have Lost $718M Since October 1

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October was a record month for the volume of cryptocurrencies stolen by hackers this year. According to Chainalysis, DeFi protocols have lost $718 million since October 1 as a result of 11 attacks.

In total, since the beginning of the year, the indicator has exceeded $3 billion (125 attacks), coming close to the values ​​of 2021.

The company analysts have noted that in 2019, the interest of attackers was focused on centralized platforms. Since then, it has shifted towards DeFi protocols.

Cross-chain bridges suffered significant losses. In October, three similar projects ($600 million) fell victim to hacks. This is 82% of the cumulative figure for October and 64% of the total for the entire year.