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Crypto Hacks Surge to $768M in September

September Sees Record Crypto Hacks Exceeding $768 Million

  • Crypto hacks in September resulted in losses exceeding $766 million, marking the worst month of the year.
  • PeckShield reported 55 major incidents totaling $766.5 million, while CertiK recorded 97 incidents with estimated losses of $768.4 million.
  • Notable hacks included a $388 million breach at Bitget and a $320 million hack of the Liquid Network.
  • Over $270 million was reportedly returned to victims following these incidents.
  • Other affected platforms included Safe Wallet, DCENT, and Duelbits, which lost $7.8 million, $6 million, and $5.9 million respectively.
  • In total, there have been 656 security incidents in the year, leading to cumulative losses of approximately $2.68 billion.

The significant increase in hacking activity highlights vulnerabilities within the crypto sector, as seen with high-profile breaches like Bitget and Liquid Network this month.

September’s losses surpassing $766 million underscore the urgent need for enhanced security measures across platforms to protect users from ongoing threats.(Source)

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