Bitget, Liquid exploits push Q3 crypto hacks toward $1.2B

Read original at CoinTelegraph·

Bitget, Liquid exploits push Q3 crypto hacks toward $1.2B

60-second summary

Bitget and Liquid exploits drive Q3 crypto hacks toward a $1.2 billion total, with compromised suppliers, developer tools and unaudited infrastructure accounting for roughly 77 % of losses, Hacken reports. The surge highlights persistent supply‑chain vulnerabilities and weak audit practices, prompting investors to demand stronger security standards, which could tighten funding and slow speculative trading across the industry.

Compromised suppliers, developer tools and infrastructure components outside security audits drove about 77% of the quarter’s total losses, according to Hacken.