Bitcoin Magazine October 28, 2026

Centralized Exchange and DeFi Losses Dominate 2026 Crypto Hacks Despite Hardware Wallet Failures

Centralized Exchange and DeFi Losses Dominate 2026 Crypto Hacks Despite Hardware Wallet Failures

Bitcoin Magazine

Centralized Exchange and DeFi Losses Dominate 2026 Crypto Hacks Despite Hardware Wallet Failures

Lightning.news data shared with Bitcoin Magazine puts net 2026 crypto hack losses at roughly $2.35 billion after freezes and returns. September alone accounted for about $768 million, led by Bitget’s September 24 hot-and-warm wallet drain and Liquid Network’s Elements bug.

This post Centralized Exchange and DeFi Losses Dominate 2026 Crypto Hacks Despite Hardware Wallet Failures first appeared on Bitcoin Magazine and is written by Juan Galt.

You might also like

Bitcoin’s recovery faces rising derivatives expos…
Nov 01, 2026 Read
FBI confirms North Korea's role in $6 billion Bin…
Nov 01, 2026 Read
Jupiter Lend’s withdrawal liquidity rebounds from…
Oct 31, 2026 Read
Banks are owed $349B by private credit funds that…
Oct 31, 2026 Read