Crypto hacks surge 55% to $1.2B, but key theft drops by 30%
The quarterly shift toward contract losses and September's Bitget and Liquid failures challenge a fixed hierarchy of security controls. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
AI summary
Crypto hacks rose 55% to $1.2 billion in the period, even as losses from stolen private keys fell 30%, according to CryptoSlate. The shift toward smart-contract exploits, highlighted by September's Bitget and Liquid failures, shows attackers rotating tactics rather than security improving overall. Traders should treat this as a reminder that DeFi and exchange counterparty risk remains elevated, which can weigh on confidence in affected platforms and tokens.
