According to BlockBeats, the Web3 security landscape faced significant challenges in November, with total losses amounting to approximately $86.24 million. This figure stems from 21 hacking incidents, which alone accounted for around $76.86 million in losses. Notably, $25.5 million of these losses have been successfully recovered. The primary causes of these security breaches were identified as vulnerabilities in smart contracts, account leaks, and price manipulation.
In addition to these hacking incidents, phishing attacks also posed a substantial threat during the month. A total of 9,208 individuals fell victim to phishing schemes, resulting in a cumulative loss of $9.38 million. These incidents highlight the ongoing vulnerabilities within the Web3 ecosystem and underscore the need for enhanced security measures to protect users and their assets from such threats.
