Crypto Hack Losses Drop 85.7% in October 2025, PeckShield Reports

PeckShield details that October’s $18.18 million losses from 15 major crypto breaches mark a sharp fall from September, with Garden Finance, Typus Finance, and MIN Spell the highest-profile cases.

Summary

PeckShield, a blockchain security firm, reported that October 2025 saw 15 major cryptocurrency attacks resulting in $18.18 million in losses, an 85.7% decrease from September's $127.06 million. The largest incidents involved Garden Finance ($11M), Typus Finance ($3.4M), and MIN Spell ($1.8M), highlighting the month’s most significant breaches despite the overall decline in losses.

Terms & Concepts
  • PeckShield: A blockchain security firm that monitors and reports on cryptocurrency-related hacks and exploits.
  • Cryptocurrency Hack: An unauthorized breach targeting digital assets, exchanges, or blockchain protocols to steal funds or data.