$1.18 Billion Stolen in Q3 Crypto Hacks Due to Audit Gaps

• •Hacken reported $1.18 billion stolen in Q3 2026 due to audit deficiencies.
• •The Bitget attack was the largest, resulting in a loss of $352 million.
• •Over $700 million in assets are at risk due to poor key management practices.

Hacken's report revealed that $1.18 billion was stolen across 107 crypto attacks in Q3 2026, a 55% increase from the previous quarter. The majority of losses, totaling $906.8 million, were linked to compromised vendor tools, uninstalled security patches, and components excluded from audits. Hacken's co-founder, Andrii Matiukhin, emphasized that audits often miss critical parts of systems, leading to vulnerabilities. The largest incident was the Bitget attack in September, where $352 million was stolen through a third-party security vulnerability. Hacken also noted that over $700 million in assets at two platforms relied on inadequate key management setups. The report calls for continuous monitoring and prompt application of security patches, rather than relying solely on past audits.