Security· ★★★★· bearish·

Crypto hacks caused $1.18 billion in losses over three months

  • —107 attacks in three months caused $1.18 billion in losses
  • —Four largest hacks accounted for about 80% of the damage
  • —Bitget lost $387 million; Liquid Network and Tectonic lost $120 million each
  • —$387 million was recovered and platforms reimbursed another $410 million
Why it matters: Rising attacks via third-party services and unpatched vulnerabilities increase user risk and weigh on trust in crypto infrastructure.
Source: BitNovosti