📉 Q3 saw the smallest hack losses in 3 years! 🚀

🔒 A total of $460 million was stolen across 28 incidents, but the recovery rate was only 5%.

🔑 Access control attacks accounted for $316 million, nearly 70% of the total stolen.

💥 Smart contracts are vulnerable to reentrancy attacks, causing huge losses for protocols with liquidity pools.

🏦 Centralized exchanges suffered the most losses, with the largest hack being WazirX India ($230 million).

🔍 Hacken's automated response system can mitigate the damage from DeFi hacks.

📊 What do you think about the state of Web3 security? Comment now! 👇

#Crypto#Blockchain#BTC#DeFi#Security#Hacken