The cryptocurrency industry is circling the wagons in defense as hackers siphon more money from the sector each year.
Hackers made off with more than $3 billion in digital assets so far this year, according to research firm Chainalysis. In October alone, $718 million was taken in 11 different hacks, making it the worst month in the worst year for crypto hacking, the firm said.
That included $100 million from the largest cryptocurrency exchange in the world, Binance, when its blockchain network, Binance Smart Chain, was exploited.
