Hacking News
Hacken Reports $1.18B in Crypto Theft in Q3
Crypto security firm Hacken reported $1.18 billion in total crypto theft across 107 incidents in the third quarter, up 55% from the second quarter. Smart contract exploits accounted for 48% of losses. Bitget and Liquid reported authorization and validation failures, not signing-key compromise. The third-quarter theft total fell about 30% from the second quarter, with more incidents and slightly smaller mean losses per incident.