Cryptocurrency thefts are surging dramatically with two massive incidents pushing total losses to record levels for the month.
Security firm PeckShieldAlert says the industry experienced 55 major hacks resulting in $766.49 million in losses.
That figure represents a roughly 462% month-over-month increase from August’s $136.3 million.
The Bitget incident at about $387 million and the Liquid Network theft of about $320 million, with $285 million returned, have jumped to the top spots among the largest crypto thefts of the year to date.
Other notable incidents included an MEV bot yoink front-run at $7.81 million that was returned, along with Duelbits at $7 million and several smaller exploits with partial recoveries.
The top 10 list also featured Payment Processor V2 at $6.6 million with $3.4 million returned, DCENT Wallet at $6.57 million Astroport at $4.9 million Drop at $4.4 million NostraFinance at $3.5 million and Nomic nBTC Bridge at $3.15 million.
Earlier this month, PeckShield cited on-chain sleuth ZachXBT, saying Near (NEAR) Intents was hacked to the tune of $3.865M after its Binance Smart Chain (BSC) hot wallet witnessed multiple irregular outflows.
The exploiter has transferred the stolen funds to KuCoin and bridged them to BTC. The exploiter’s address has interacted with an address labeled NorthKorea LazarusGroup (0x098B7…E2f96)
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The post Crypto Thefts Surge 462% to $766,490,000 in September With Bitget and Liquid Network Leading Year-to-Date Losses appeared first on The Daily Hodl.
