Crypto losses soar to $173m in November, driven by Poloniex hack
November sees a dramatic spike in cryptocurrency losses , totaling $173 million, with major hacks at Poloniex and a phishing incident leading the surge. November has witnessed a significant surge in financial losses due to crypto hacks, with the total reaching approximately $173 million. This figure is primarily driven by two major events that account for 91% of the total losses . According to CertiK, November has already recorded the fourth-highest monthly losses in 2023. #CertiKSkynetAlert #ICYMI Losses in November had so far reached $173 million with two incidents making up 91% of the losses . 10 Nov: Poloniex ~$131m 11 Nov: Phishing incident ~$27m November already has the 4th highest losses of any month this year. — CertiK Alert (@CertiKAlert) November 17, 2023 You might also like: Poloniex hot wallet hacked with losses reportedly over $33m This surge was driven by the recent hack of Poloniex. Hackers infiltrated the exchange’s hot wallet, leading to...