GoPlus: October Web3 security incidents caused $45.84M+ in losses — SBI Crypto ($21M), Garden Finance ($10.8M), Astra Nova/RVV ($10.3M)
first published 2025-11-12T09:39:29Z
On-chain security firm GoPlus reported $45.84M in losses for October from hacks, exploits, phishing, social-engineering, rug pulls and honeypot tokens. Major incidents: SBI Crypto hack (~$21M), Garden Finance exploit (~$10.8M), Astra Nova/RVV token incident (~$10.3M). Phishing scams stole about $3.5M from ~11,000 victims. Honeypot tokens rose 600% month-over-month to 2,189 total, concentrated on BSC (1,780), Ethereum (216) and Base (131).
AI Analysis
GoPlus reports $45.84M in October losses with three large incidents (SBI ~ $21M; Garden Finance ~ $10.8M; Astra Nova/RVV ~ $10.3M), ~$3.5M lost to phishing affecting ~11,000 victims, and a 600% month-over-month rise in honeypot tokens concentrated on BSC, Ethereum and Base. These concrete large losses and rising attack volume support a negative sentiment and a moderate market impact for short-term traders.
Expected Investor Sentiment: Bearish
Potential Market Impact: Significant
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