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Crypto Hack Losses Reach $768 Million in September, Marking 2026’s Worst Month

Crypto Hack Losses Reach $768 Million in September, Marking 2026’s Worst Month

Bitget and Liquid Network accounted for most of September’s reported crypto thefts, pushing monthly losses far above August levels.

Written by Rahul Dhingra, Edited by Rohan Pal | Updated: 1 October 2026 17:40 IST

Crypto Hack Losses Reach $768 Million in September, Marking 2026’s Worst Month

Photo Credit: Unsplash/Sasun Bughdaryan

September saw 55 breaches tracked by PeckShield, while CertiK recorded 97 separate security incidents

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Highlights

Bitget’s revised loss estimate rose to $387 million
Liquid Network attacker created nearly 4,000 L-BTC
CertiK recorded $2.68 billion in losses across 2026

Crypto hacks have resulted in over $766 million (roughly Rs. 7,376 crore) worth of gross losses during September alone, marking the most expensive month in 2026 owing to Bitget and Liquid Network breaches. According to PeckShield, there have been 55 security breaches, with a total of around $766 million (roughly Rs. 7,376 crore) stolen, whereas according to CertiK, there were 97 security breaches, with $768.4 million (roughly Rs. 7,399 crore) lost. Both companies have used different techniques for tracking and did not provide the same number of occurrences, but the discrepancy between their valuations of the total value that was stolen was less than $2 million (roughly Rs. 19 crore).

Liquid Network Exploit Left Federation With 197 BTC in Reserves

The biggest individual incident occurred on September 24 at Bitget. The company verified that around $387.5 million (roughly Rs. 3,731 crore) worth of cryptocurrency had been sent to wallets controlled by the hackers, up from a revised estimate of $351.6 million (roughly Rs. 3,385 crore). The compromise affected parts of Bitget's hot and warm wallet system on Ethereum as well as other EVM chains, XRP Ledger, Zcash, and Tron networks. The crypto assets affected include ETH, XRP, USDT, USDC, ZEC, BNB, AVAX, and TRX. According to Bitget, the cold wallets and private keys were not affected.

Crypto Hacks 2026 Discussion

Explore More...

#PeckShieldAlert In Sep. 2026, the crypto industry experienced 55 major hacks, resulting in total losses of $766.49M - a ~462% month-over-month increase from August's $136.3M.

The #Bitget incident (~$387M) and #LiquidNetwork (~$320M, with $285M returned) have jumped to #1 & #2… pic.twitter.com/abePPGX7Y5
— PeckShieldAlert (@PeckShieldAlert) October 1, 2026

Liquid Network was hit by another significant attack in September, when a flaw in the Elements codebase enabled an attacker to generate about 4,000 L-BTC without a corresponding number of Bitcoin backing it. According to Liquid Network, a flaw in its range proof verification cache helped a malicious transaction go through the system and thus led to the theft of almost 4,000 BTC through Liquid's standard peg-out mechanism. This left the Bitcoin reserves held by the federation with just 197 BTC.

#CertiKStatsAlert :rotating_light:

Combining all the incidents in September we've confirmed ~$766.4M lost to exploits and phishing.

September has seen the highest recorded losses as well as the most incidents in 2026.

More details below :point_down: pic.twitter.com/2TRmHuA7Gy
— CertiK Alert (@CertiKAlert) September 30, 2026

Apart from Bitget and Liquid, CertiK uncovered various small-scale attacks that happened in September. Safe Wallet was attacked for approximately $7.8 million (roughly Rs. 75 crore), whereas Dcent and Duelbits faced attacks amounting to about $6 million (roughly Rs. 58 crore) and $5.9 million (roughly Rs. 57 crore), respectively.

The latest CertiSk dataset for 2026 includes 656 incidents and $2.68 billion (roughly Rs. 25,810 crore), as per the numbers released along with its September figures. September, on its own, has become the biggest month of the year in terms of stolen amounts.

September's figure was far above August. PeckShield had counted 50 major attacks worth roughly $136.3 million (roughly Rs. 1,312 crore) during August, according to the previous monthly hack report. This is a 67 percent increase from the 30 cases reported in July. The number of crypto hacks witnessed a sharp increase in August, even though the amount of money lost declined by almost half from July levels, as per the blockchain security firm.

Cryptocurrency is an unregulated digital currency, not a legal tender and subject to market risks. The information provided in the article is not intended to be and does not constitute financial advice, trading advice or any other advice or recommendation of any sort offered or endorsed by NDTV. NDTV shall not be responsible for any loss arising from any investment based on any perceived recommendation, forecast or any other information contained in the article.

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Further reading: Crypto Hacks 2026, Bitget Wallet, Liquid Network, Crypto Scams

Rahul Dhingra

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Rahul Dhingra is a crypto writer at Gadgets 360, where he covers the exciting world of Cryptocurrency, Blockchain, Defi and Web3. Before joining Gadgets 360, he worked as a content specialist for a European-based Crypto Exchange. Rahul loves storytelling, not just through the written word but also through the visual medium. Beyond his professional life, Rahul is a sports fanatic. Whether it’s cricket or football, his passion for the game is contagious. More