Crypto Hackers Drain $768M In September, Bitget Drives Half The Losses

A record month of crypto exploits caused about $768M in losses, led by Bitget and Liquid Network (Image: Shutterstock)
A record month of crypto exploits caused about $768M in losses, led by Bitget and Liquid Network (Image: Shutterstock)

Hackers stole about $768.4 million in cryptocurrency during September, making it the costliest month for crypto security incidents in 2026.

Key Points:

  • CertiK counted 97 incidents with estimated losses of $768.4 million, while PeckShield tracked 55 incidents totaling $766.5 million.
  • Bitget and Liquid Network accounted for roughly 92% of the losses in PeckShield’s September tally.
  • CertiK’s year-to-date data showed 656 security incidents and about $2.68 billion in losses through September.

Bitget Crypto Losses

September produced the highest monthly crypto loss total of 2026, although the firms recorded different incident counts.

Bitget was the largest single case, with its loss estimate rising from an initial $351.6 million to $387.5 million after investigators confirmed how much cryptocurrency reached attacker-controlled addresses. The exchange’s breach accounted for roughly half of CertiK’s monthly total.

Liquid Network’s Sep. 6 exploit involved a different failure, as a verification flaw allowed an attacker to create around 4,000 Liquid Bitcoin (L-BTC) without corresponding Bitcoin (BTC) backing. The attacker then used the network’s withdrawal process to extract close to 4,000 BTC, cutting its Bitcoin reserve from roughly 4,205 BTC to 197 BTC.

CertiK valued 3,998.5 L-BTC at about $318.7 million when the attack occurred. Most of those assets were later returned, with reports saying more than $270 million came back and 3,400 BTC was restored to the network.

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CertiK Security Findings

SlowMist, which investigated the Bitget breach, said activity linked to the attack began weeks before the theft, but it did not publicly identify a suspect. Bitget CEO Gracy Chen said the exchange suspected North Korean hackers may have been involved.

Bitget later restored withdrawals for Bitcoin, Ethereum (ETH) and Tether (USDT), while reporting a 131% reserve ratio across 19 covered assets and more than $300 million in its Protection Fund. The exchange said full operations were resuming gradually.

Smaller September incidents also added to the total, including losses of about $7.8 million at Safe Wallet, $6 million at DCENT and $5.9 million at Duelbits. CertiK also cited a $7.81 million MEV-related theft that was later returned and a $3.5 million exploit affecting Nostra’s oracle.

By the end of September, CertiK’s 2026 tally had reached about 656 security incidents and approximately $2.68 billion in losses, showing how two unusually large breaches pushed one month sharply above the rest of the year.

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Alexey Bondarev

Alexey Bondarev is Head of Content at Yellow.com. He specializes in in-depth Research and Learn pieces, with a focus on analytical reporting, industry context, and the bigger forces shaping crypto, from the AI era and security technologies to fintech innovation. He believes that everything digital will imminently overcome everything analogue and is working hard to make that come true.

Disclaimer and Risk Warning: The information provided in this article is for educational and informational purposes only and is based on the author's opinion. It does not constitute financial, investment, legal, or tax advice. Cryptocurrency assets are highly volatile and subject to high risk, including the risk of losing all or a substantial amount of your investment. Trading or holding crypto assets may not be suitable for all investors. The views expressed in this article are solely those of the author(s) and do not represent the official policy or position of Yellow, its founders, or its executives. Always conduct your own thorough research (D.Y.O.R.) and consult a licensed financial professional before making any investment decision.
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