Hacken is a blockchain security firm that tracks and analyzes crypto hacks and related losses. In this report, it provided the estimate for Q3 losses and the 77% attribution to supplier, tool and infrastructure compromises. Its findings are based on the incidents it reviewed for the quarter.

Does the report offer any forecast for future hacks?

No, the report focuses on Q3 losses and the sources of those losses. It does not provide investment advice or a prediction about future incidents. The data instead highlights where security gaps appeared during the quarter.

Bitget and Liquid Exploits Help Push Q3 Crypto Hack Losses Toward $1.2B: Hacken

Q: What role did Bitget and Liquid play in the Q3 figure?

Bitget and Liquid are crypto trading platforms that experienced exploits during the quarter. Their incidents were part of the Q3 tally that Hacken says approached $1.2 billion. The report does not present them as the only source of losses; supplier and tool compromises also drove the total.

Security incidents at Bitget and Liquid were part of a third quarter in which crypto hack losses approached $1.2 billion, according to Hacken. The blockchain security firm says compromised suppliers, developer tools and infrastructure outside audit coverage accounted for about 77% of the quarter’s total.

Disclaimer: News content is based on public news sources and provided for information only. It does not constitute investment advice.

Bitget and Liquid Exploits Help Push Q3 Crypto Hack Losses Toward $1.2B: Hacken

Cointelegraph·10/15/2026, 10:00:00· crypto

Q3 Crypto Hack Losses Near $1.2 Billion

Hacken, a blockchain security firm, estimates that crypto hack losses in the third quarter approached $1.2 billion. The quarter included exploits at Bitget and Liquid, two crypto trading platforms. Those incidents helped push the aggregate figure toward the billion-dollar mark. The total reflects losses from multiple hacks rather than a single event. This frames the quarter as one of the larger periods for crypto-related security losses tracked by the firm.

Compromised Suppliers and Tools Drive 77% of Losses

Hacken attributes about 77% of the quarter’s losses to compromised suppliers, developer tools and infrastructure components. These elements sit outside the scope of security audits, the firm says. That contrasts with the common focus on smart contract reviews and protocol-level code. A single compromised vendor or tool can affect multiple downstream projects or platforms. Because these dependencies are often shared, the damage may not be contained to one victim.

Bitget and Liquid in the Q3 Tally

Bitget and Liquid are both crypto trading platforms that experienced exploits during the quarter. Their inclusion in the Q3 count shows how incidents at established venues can add to overall industry losses. Exchange exploits can affect operational systems and user confidence, and they often trigger internal reviews and regulatory attention. Hacken’s figure places these incidents within a broader pattern of attacks on crypto infrastructure. The quarter’s total is not limited to exchanges, however, because supplier and tool compromises also contributed.

Why Third-Party Security Is Hard to Audit

Security audits commonly examine a project’s own code, such as smart contracts, rather than every external supplier or developer tool it uses. Hacken’s finding suggests that this boundary can leave meaningful exposure unexamined. When a supplier or infrastructure component is compromised, attackers may gain access through a trusted pathway. That makes detection and attribution more complex than in an isolated protocol bug. The 77% share indicates that these indirect vectors were the dominant source of Q3 losses, not a minor side issue.

crypto hacksBitgetLiquidHackensupply chain security

Frequently asked questions

What did Hacken report about Q3 crypto hack losses?▾

Hacken reported that crypto hack losses in the third quarter approached $1.2 billion. The quarter included exploits at Bitget and Liquid, which contributed to the overall total. The firm’s figure covers multiple incidents rather than one single event.

What accounted for most of the Q3 losses?▾

About 77% of the quarter’s losses came from compromised suppliers, developer tools and infrastructure components, according to Hacken. These are elements that typically fall outside standard security audits. The concentration suggests attacks on shared dependencies were the main driver of the total.

Why are suppliers and developer tools a security concern?▾

Suppliers and developer tools can be used by many crypto projects at once, so a single compromise may affect multiple downstream platforms. Because audits often focus on a project’s own code, these external dependencies may not receive the same scrutiny. That can create a trusted pathway for attackers.

What role did Bitget and Liquid play in the Q3 figure?▾

Key takeaways

Q3 Crypto Hack Losses Near $1.2 Billion

Compromised Suppliers and Tools Drive 77% of Losses

Bitget and Liquid in the Q3 Tally

Why Third-Party Security Is Hard to Audit

Common mistakes to avoid

Reacting to a single headline without reading the full context — one data point is rarely the whole story.
Treating rewritten news as a signal — it describes what happened, never what to do next.
Confusing AI-rewritten content with the original source — always verify important facts against the primary report.

Bitget and Liquid Exploits Help Push Q3 Crypto Hack Losses Toward $1.2B: Hacken

Q3 Crypto Hack Losses Near $1.2 Billion

Compromised Suppliers and Tools Drive 77% of Losses

Bitget and Liquid in the Q3 Tally

Why Third-Party Security Is Hard to Audit

Frequently asked questions

Key takeaways

Common mistakes to avoid

Related reading

Q3 Crypto Hack Losses Near $1.2 Billion

Compromised Suppliers and Tools Drive 77% of Losses

Bitget and Liquid in the Q3 Tally

Why Third-Party Security Is Hard to Audit

Frequently asked questions

Key takeaways

Common mistakes to avoid

Related reading