The crypto industry suffered 56 major attacks in October, with total losses reaching $6.48 billion, a 745% surge month-over-month.

PeckShield data shows that 56 major security incidents hit the crypto industry in October 2026, with total losses reaching approximately $6.48 billion — a roughly 745% surge from the $766.49 million recorded in September. Among these incidents, the Binance security breach caused around $6.3 billion in losses, plus another $3 billion in assets frozen, making it the costliest crypto security event of the year to date. It outpaced Bitget (around $387 million) and Liquid Network (around $320 million), which ranked second and third respectively. Approximately $285 million of the funds lost in the Liquid Network incident has been recovered. As of October 31, the top 10 attack incidents by annual losses totaled around $8.6 billion, accounting for 92.3% of the year’s total losses; the statistic does not yet deduct frozen or recovered funds. Beyond the aforementioned incidents, Drift, KelpDAO/LayerZero, COLDCARD Wallet, and others also featured in the top 10 annual loss rankings.