November Marks Record-Breaking Crypto Theft: $363M Lost to Scams, Hacks, and Exploits

November emerges as the cryptocurrency industry’s most “damaging” month, witnessing a staggering $363 million lost to crypto thievery, scams, and exploits, reports a blockchain security firm. Exploits alone accounted for $316.4 million, while flash loans inflicted $45.5 million in damage. Various exit scams also contributed, with $1.1 million lost. The alarming trend highlights the escalating challenges and financial impact of cyber threats in the crypto space. Source: Cointelegraph