Security· ★★★★· bearish·

Crypto Hacks Hit $766M in September, Led by Bitget and Liquid

  • —55 hacks in September caused $766.49 million in losses, versus $136.3 million in August
  • —Bitget lost about $387 million; Liquid Network lost about $320 million
  • —Of Liquid's $320 million, $285 million was returned
  • —Excluding the two largest incidents, the other 53 hacks totaled just $59 million
Why it matters: The Bitget and Liquid breaches are the year's largest crypto thefts, intensifying scrutiny of exchange and bridge security.
Source: CryptoPotato