Hacking News
Crypto Hacks Produce $2.35B in Losses
Crypto hacks have resulted in approximately $2.35 billion in net losses in 2026, according to a report by Lightning.news. The largest single loss was Bitget's September 24 drain of about $387.5 million from hot and warm wallets. The exchange and firms including Chainalysis, Elliptic, and TRM Labs linked the incident to North Korea. Liquid Network took the next-largest hit, with attackers exploiting a software bug to mint about 4,000 unbacked L-BTC, valued at $320 million at the time. The loss was returned after negotiations conducted on-chain.