Crypto hacks hit $768M in September, worst month of 2026

The headline figure overstates the damage: with a large share of the Liquid Network funds returned, net losses land far below the gross total, which matters for how the month is remembered. The concentration is the real signal — two incidents, not a broad campaign, drove the tally, so the driver is platform-level exposure rather than a market-wide shift in attacker behavior. Whether the recovered portion reflects a durable recovery norm or a one-off negotiation outcome is the open question, and it shapes how future incident totals should be read.