Crypto Hacks Hit $766M in September With Bitget and Liquid Leading Losses

Key points

• PeckShield counted 55 major crypto hacks in September totaling $766.49 million, about 462% above August's $136.3 million, with two incidents accounting for nearly all losses.
• Bitget lost about $387 million via a spoofed backend authorization, while Liquid Network's roughly $320 million theft saw $285 million returned, PeckShield noted.
• SlowMist said North Korea-linked hackers are laundering Bitget funds using CoW Protocol orders, Chainflip deposits and CoinJoin to obscure movements.

AI summary of CryptoPotato’s report, written only from the publisher’s text. Read the original for full context.