Bitget and Liquid exploits drive Q3 crypto hack losses toward $1.2B.
Context
What happened: Hacken reported crypto hacks reached $1.18 billion across 107 incidents in Q3 2026, with the Bitget and Liquid Network exploits among the four largest.
Key numbers: $1.18B total losses; 107 incidents; 77% (about $906M) from compromised suppliers or developer tools; Bitget $387M; Liquid Network $320M; Tectonic $120M; Coldcard firmware about $115M; median loss $670,000; about $387M
Why it matters: Hacken said this was the most damaging quarter since Q1 2025 and urged firms to secure third-party suppliers and expand audits to oracles, bridges, custody and signing authorities.
Why it matters
Hacken said this was the most damaging quarter since Q1 2025 and urged firms to secure third-party suppliers and expand audits to oracles, bridges, custody and signing authorities.