Crypto security incidents in October lead to $129M in losses: CertiK

In October 2024, the crypto industry recorded massive losses of around $600 million due to hacks and vulnerability exploits. This not only raises questions about platform security but also highlights the need for stricter regulations and advanced security measures. While many blockchain projects claim their technology is innovative and secure, reality shows that attackers consistently find system loopholes. I believe that without a major shift in the industry’s security strategy, public trust in crypto will continue to decline, affecting the adoption of blockchain technologies. It’s time for both companies and users to prioritize fund protection and invest in robust cybersecurity. Show Less