October 2025 Crypto Hacking Losses Drop 85.7% to $18.18M Across 15 Incidents, PeckShield Reports

COINOTAG News, citing PeckShield data published on November 1, 2025, notes that October registered roughly 15 major crypto hacking incidents, resulting in about $18.18 million in losses. The figure marks an 85.7% reduction from September’s $127.06 million, suggesting a meaningful, although cautious, improvement in the sector’s security posture and incident containment.

Industry observers emphasize that, despite October’s decline, crypto security remains a key risk consideration for exchanges, wallets, and developers. Enhanced threat monitoring, rapid incident response playbooks, and rigorous governance can help safeguard assets, support investor confidence, and sustain loss reductions into October 2025 and ahead.