Crypto hacks hit $1.18bn in Q3 2026, Hacken says
Security firm Hacken reports 107 incidents in the third quarter of 2026, with compromised suppliers and developer tools driving most of the losses.
Why it matters: The figures show that most stolen value in Q3 2026 came from suppliers and infrastructure outside audits, not from smart contract bugs alone.
Key points
- Hacken recorded $1.18bn lost across 107 incidents in Q3 2026, the worst quarter since Q1 2025.
- The four largest incidents were the $387m Bitget hack, the $320m Liquid Network exploit, the $120m Tectonic exploit and the Coldcard firmware vulnerability at about $115m.
- About $387m, or 33% of gross losses, was returned or reversed, while operators covered a further $410m.
Crypto hacks reached $1.18bn across 107 incidents in the third quarter of 2026, according to a report from the security company Hacken.
The four largest incidents were the $387m Bitget hack, the $320m Liquid Network exploit, the $120m Tectonic exploit and the Coldcard firmware vulnerability, linked to an estimated $115m in losses. Roughly 80% of the quarter's losses came from those four incidents, while 98 incidents recorded losses below $10m; the median loss was $670,000. Smart contract incidents were the most frequent attack vector, accounting for $228m across 71 incidents.
About $387m, or 33% of gross losses, was returned or reversed.
Operators covered an additional $410m of user losses from their own funds, with Bitget's user protection fund covering $387m and Triple-A, Coinsbuy and TAC repaying about $22m.
Live updates on NewsFeeds:AltcoinsDesk editor: Keshav Aggarwal (accountable for this page; this summary was not edited by hand)
How this was produced: an AI model wrote this summary of Cointelegraph’s report, which we credit and link above. Read our Editorial and AI policy. Spotted a mistake? See Corrections.
Not investment advice. Read the risk disclaimer.