$1.18 Billion Lost to Crypto Hacks in Q3 2026, 77% Related to Developer Tool Breaches
In the third quarter of 2026, there were 107 crypto hacks resulting in total losses of $1.18 billion. Approximately $906 million (77%) were related to breaches of vendor and developer tools, disclosed but unimplemented fixes, and infrastructure outside the audit scope. The losses were primarily concentrated in four incidents: Bitget lost $387 million, Liquid Network lost $320 million, Tectonic lost $120 million, and Coldcard firmware vulnerabilities resulted in losses of about $115 million, collectively accounting for around 80% of the total. The remaining 98 incidents each had losses below $10 million, with a median loss of $670,000. Smart contract attacks were the most common, totaling 71 incidents with losses of $228 million. This quarter marked the most severe losses since Q1 2025. In terms of recovery, about $387 million was returned or reversed, accounting for approximately 33% of the gross losses; operators also bore $410 million in user losses, with around $384 million still unrecovered.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Analysis: Stablecoins, Payments, and Prediction Markets Have Become New Growth Points for Crypto Companies, but Profitability Remains Challenged

Zcash Permanently Blocks 12,224 ZEC with NU7 Update

RWA Value on Solana Chain Reaches $5 Billion

Strive Reports Q3 Net Profit of Approximately $509 Million, Unrealized Net Gains from Digital Assets Around $534 Million

AnubisChain TVL Rises to 14th in the World

TeraWulf Q3 Financial Report: HPC Leasing Revenue Accounts for Approximately 83%, Digital Asset Revenue Decreases by 69.5% Year-on-Year

NOTA Approved for Listing on Tokyo Stock Exchange, Expected to Debut on December 9

BlackRock Loses $1 Billion Through Bitcoin ETF

Cipher Agrees to Cover $359 Million Over Budget for Barber Lake Project

MANTRA Proposal Recovers Approximately 37.96 Million Frozen Tokens

Morgan Stanley Transfers 9,297 SOL to Coinbase, Retains 510,000 SOL

Nigeria's Central Bank Issues Regulations for Non-Securities Virtual Asset Operations

Singapore Police Collaborate with 8 Crypto Platforms to Combat Fraud, Preventing Over S$17.4 Million in Losses

WEEX Exclusive:AI Policy Risk Sparks Selloff, BTC Breaks $76K | WEEX Weekly Recap (2026.11.02-11.06)

AI Policy Risk Sparks Selloff, BTC Breaks $76K | WEEX Weekly Recap (2026.11.02-11.06)
The market quickly shifted from post-election risk recovery to AI policy risk and data-center restriction pricing. After Democrats gained a clear seat advantage in the midterms, risk assets first traded lower uncertainty, but data-center limits, tighter AI regulation risk, and tech valuation pressure became the new selloff triggers. Thursday’s tech and AI-chain decline pulled BTC below $76,000, moving the market from earnings trades into a second-wave volatility window.

Midterm Elections Raise $3 Billion, Prediction Markets Emerge as Big Winners

Ethereum Spot ETF Sees Net Outflow of $99.9677 Million Yesterday, BlackRock's ETHA Leads with $75.2030 Million

Bitcoin Spot ETF Sees $430 Million Net Outflow Yesterday, Fidelity's FBTC Leads with $200 Million

Hillary Calls for New Congress to Hold Musk Accountable

Hyperliquid Strategies Requests CFTC Registration as Futures Commission Merchant

Takenos Secures Additional $7 Million in Seed Funding Led by North Island Ventures

Anonymous Seller Lists Approximately $500 Million Data Center Loan Portfolio for Sale

Lombard Systems Completes $4 Million Seed Funding Round Led by Ethereal Ventures

IREN Q1 AI Cloud Revenue Grows 182% to $200 Million, Bitcoin Mining Revenue Drops to $28 Million

American Bitcoin Reports $126 Million Quarterly Net Profit, Mining Revenue Declines

French Hill Wins Reelection, Loses Chair of House Financial Services Committee

Hyperliquid Strategies Reports Quarterly Net Profit of $621 Million

Dissolution of T3, a Crime Response Cooperation Body of Tron and Tether

Strategy's Cash Burn Rate Could Lead to Depletion Within 1.5 Quarters









