Bitget and Liquid Exploits Push Q3 Crypto Hacks Near $1.2B
Crypto hacks rose 55% in the third quarter, with compromised suppliers and developer tools driving the majority of losses.
Crypto hacks in the third quarter rose 55% from the previous quarter, pushing total losses closer to $1.2 billion, according to data from Hacken reported by Cointelegraph.
Compromised Infrastructure
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According to the report, about 77% of the quarter's total losses were driven by compromised suppliers, developer tools, and other infrastructure components that remained outside security audits.
Key facts
- Crypto hacks in Q3 rose 55% from the previous quarter.
- Compromised suppliers, developer tools, and infrastructure components drove 77% of total losses.
- Total losses for the quarter approached $1.2 billion.
Source: cointelegraph.com
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