Bitget, Liquid exploits push Q3 crypto hacks toward $1.2B
Compromised suppliers, developer tools and infrastructure components outside security audits drove about 77% of the quarter’s total losses, according to Hacken.
AI summary
Crypto hacks in Q3 pushed total losses toward $1.2 billion, driven by exploits at Bitget and Liquid, according to Hacken. Compromised suppliers, developer tools, and infrastructure components outside security audits accounted for about 77% of the quarter's losses. The scale of losses and the concentration in third-party infrastructure highlight persistent security risks that could undermine investor confidence in centralized exchanges and DeFi platforms.
