October 2025 saw crypto hack losses drop sharply by 85.7%, revealing enhanced security in the industry while Ethereum prices remain steady despite ongoing vulnerabilities.
October 2025 recorded a sharp plunge in cryptocurrency hack losses, falling to just $18.18 million from $127.06 million in September—a staggering 85.7% drop, according to PeckShield.
The number of significant hacks also declined, with 15 incidents reported compared to 20 the prior month. This dramatic decrease signals a potential turning point in industry security.
Cybersecurity Breakthrough or Quiet Calm?
PeckShield’s report highlights a growing trend of enhanced defenses. Despite fewer breaches, notable exploits like Radiant Capital’s loss of 5,411.8 ETH to Tornado Cash expose existing vulnerabilities, especially in large Ethereum transfers.
Regulatory bodies and industry leaders have yet to respond publicly, maintaining a cautious silence as they monitor the evolving landscape.
Community voices recognize this progress but urge sustained vigilance, warning that while attacking vectors may be narrowing, high-value targets remain at risk.
Ethereum Price Movement Amid Secure Shifts
A similar mid-2025 trend showed a 60% drop in hacks in June compared to May, suggesting strengthened security patterns around mid-year periods.
Ethereum currently trades at $3,869.57, buoyed by a $467.05 billion market cap and 12.62% dominance.
Daily trading volume reached $28.26 billion, with a modest 0.42% increase over 24 hours, though the week registered a slight 1.88% decline.
Market watchers note the price stability amid security gains, hinting at growing investor confidence despite ongoing cyber threats.
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Crypto Hacks Plunge 85% in October
October 2025 crypto hack losses fall 85.7%, signaling major security gains. Ethereum stays stable amid reduced threats.