October 2026 becomes the worst month for crypto hacks on record
- —The October 29 Binance breach is estimated at $6.3 billion, over four times Bybit's $1.5 billion
- —October topped the October 2022 record of $775.7 million by 8.1 times
- —The Ledger CryptoBilis supply-chain attack hit 315 wallets with about $93.2 million in losses
- —PeckShield logged 55 incidents worth $766.5 million in September 2026
Why it matters: Record losses erode trust in centralized exchanges and hardware wallets, accelerating demand for audits and custody-risk insurance.
Source: The Crypto Times