October saw significant crypto losses, totaling $129.6 million due to various security breaches. Blockchain security firm CertiK reported that exit scams caused $1.2 million in losses, flash loan attacks led to $1.5 million, and exploits were the major contributor, with $127 million lost.

Key incidents included:

- Radiant Capital's breach on Oct. 16, resulting in over $50 million lost. Hackers accessed private keys and smart contracts via malware on developers' devices.

- A $36-million phishing attack on a whale's crypto wallet.

- A $13.7-million hack on the crypto exchange M2, affecting Bitcoin, Ether, and Solana.

Despite the rise from September's $123.4 million, October's losses marked a 60% decline from May's $324.7 million.