
Crypto hacks surge 55% to $1.2B, but key theft drops by 30%
The quarterly shift toward contract losses and September's Bitget and Liquid failures challenge a fixed hierarchy of security controls.

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The quarterly shift toward contract losses and September's Bitget and Liquid failures challenge a fixed hierarchy of security controls.

The five-day burst pushed monthly income to its highest since March 2025 while wallet growth barely moved.

The restored backstop is separate from customer reserves, and claims remain subject to Bitget's assessment as withdrawals reopen in phases.

Zcash shielding is becoming part of Bitget hackers’ escape strategy as crypto firms freeze, reject and reroute stolen funds.

Bitget processed 9,585 Bitcoin withdrawal orders totaling 4,098 BTC after reopening access following its $387.5 million hack.

Bitget reported reopening BTC withdrawals after public fills showed futures trading during the pause, but individual transfers still need separate evidence.

Blockchain data shows the exchange detected suspicious activity well before the breach’s two largest transfer waves.

XRP withdrawals remained disabled on Sept. 26, while Bitquery's dated trace shows tokens moving onward without a measured spot-market sale.

Sygnum offers bank-held trading collateral to institutional clients, while Bitget's withdrawal pause leaves ordinary balances dependent on its own controls and fund.




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