Data: In Q3 2026, crypto hacking attacks caused $1.18 billion in losses, with 77% related to compromised developer tools.

PANews 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.