Bitget’s $388M hack pushes Q3 crypto security losses past $1B
first published 2026-10-01T04:44:33Z
September saw the year’s worst crypto security losses, with estimates of $766.5 million to $768.4 million stolen across dozens of major hacks and exploits. The largest incidents were the $388 million Bitget hack and a $320 million exploit of the Liquid Network, although more than $270 million was later returned.
AI Analysis
The summary reports very large losses across many incidents, including two major hacks, with only partial funds returned. This is materially negative for crypto security sentiment and can pressure related assets in the short term.
Expected Investor Sentiment: Very Bearish
Potential Market Impact: High
Source Articles
- Crypto hacks top $768M in September, worst month of 2026 - Cointelegraph
- CertiK Tallies $766.4 Million in September Exploit and Phishing Losses - The Defiant
- Crypto loses $768M in worst hack month of 2026 - Crypto News
- NEAR Intents Halts Services, Reports $3.8 Million Loss - The Defiant
- Bitget’s $388M hack pushes Q3 crypto security losses past $1B - Cointelegraph
