Crypto Hacks Plummet 86% in October with $18.18M Stolen

October marked a significant downturn in crypto-related breaches, with losses totaling $18.18 million—an 86% drop compared to earlier months. Garden Finance, Typus Finance, and Abracadabra bore the brunt of the attacks, accounting for $16.2 million of the stolen funds. Improved protocol security appears to be curbing the tide of exploits.

Garden Finance's $10 million solver breach on October 30 dominated the month's losses. Without this incident, October's tally WOULD have been just $7.18 million—the lowest since early 2023. The attack was contained to the solver's inventory, but its scale skewed the monthly total.

Sui-based Typus Finance suffered a $3.4 million oracle manipulation attack on October 15, linked to a flawed TLP contract. Its native token plunged 35% in the aftermath. Meanwhile, Abracadabra faced its third exploit this year, losing $1.8 million in MIM tokens due to a smart contract bug that bypassed capital checks.

The sharp decline follows a turbulent first half of 2025, where DeFi platforms and cross-chain protocols saw cumulative losses surpass $1 billion by mid-year. October's relative calm suggests hardening defenses may finally be outpacing hackers' ingenuity.