Crypto hack losses surged to $194M in November

The cryptocurrency industry suffered losses of $194.27 million from approximately 15 exploits in November, according to blockchain security firm PeckShield. This figure represents a more than tenfold increase from the $18.18 million lost in the previous month. Major incidents cited include exploits targeting Balancer ($137.4 million), the South Korean exchange Upbit ($36 million), and Yearn.finance ($9 million).