727 FinancePANews October 15 news, according to Cointelegraph, security firm Hacken disclosed that in the third quarter of 2026 there were 107 crypto hacking attacks, with total losses of $1.18 billion. Of that, approximately $906 million (about 77%) was related to compromised vendors and developer tools, disclosed but undeployed fixes, and infrastructure outside the scope of audits.
The losses were mainly concentrated in four incidents: Bitget lost $387 million, Liquid Network lost $320 million, Tectonic lost $120 million, and the Coldcard firmware vulnerability lost about $115 million, together accounting for about 80%. The remaining 98 incidents were each below $10 million, with a median of $670,000. Smart contract attacks were the most common, with 71 cases and $228 million in losses.
This quarter was the most severe for losses since the first quarter of 2025. On recovery, about $387 million was returned or reversed, accounting for about 33% of gross losses; operators additionally bore $410 million in user losses, and about $384 million remains unrecovered.