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Crypto under attack (silently): October sees an 85% drop in hacks relief or illusion?

October 2025 recorded the lowest crypto and DeFi hack losses of the year, but experts warn: it’s not a victory it’s an evolution of hacker tactics.

Crypto hacks down

Table of contents

  • Crypto hacks down 85%: the calmest month of the year
  • The “Big Three”: Garden, Typus, Abracadabra
  • Fewer attacks do not mean greater security
  • An apparent truce in the decentralized cyber battle

Crypto hacks down 85%: the calmest month of the year

After months of turbulence, October 2025 marked a sharp downturn in crypto exploits.
PeckShield data shows only $18.18 million stolen across 15 incidents, compared to $127 million in September an 85.7% decrease, the lowest figure since early 2023.

But are protocols finally secure, or are hackers just getting smarter?

The “Big Three”: Garden, Typus, Abracadabra

Three major incidents dominated the month:

  • Garden Finance (Bitcoin P2P protocol) suffered a $10 million exploit after a solver compromise.
  • Typus Finance, a yield platform on Sui, lost $3.4 million in an oracle attack, triggering a 35% token drop.
  • Abracadabra, a DeFi lending platform, endured its third exploit, losing $1.8 million in MIM stablecoins.

Without Garden’s case, losses would have fallen to $7.18 million — the lowest monthly total in nearly three years.

Fewer attacks do not mean greater security

Many observers see this slowdown as a positive sign the result of more mature DeFi protocols, more frequent audits, and safer implementations.

However, blockchain cyber security experts warn that the threat landscape is shifting, not retreating.

New tactics are emerging: malicious code injected directly into blockchain networks, bypassing traditional security layers.

This strategy, tested by groups linked to North Korea, marks a more sophisticated form of decentralized cyber warfare.

An apparent truce in the decentralized cyber battle

The crypto sector is therefore experiencing an ambivalent phase:

  • on one hand, a record drop in attacks;
  • on the other, an evolving threat striking deeper beneath the surface.

DeFi platforms, though more resilient today, cannot lower their guard. Blockchain security is not a final destination but an ongoing process in which every vulnerability becomes a chance to learn and every “quiet month” may simply be the calm before the storm.

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