
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