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September’s $742 Million In Crypto Hacks Exposes The Limits Of Exchange And Hardware Custody

September’s $742 Million In Crypto Hacks Exposes The Limits Of Exchange And Hardware Custody

September 2026 was the worst month of the year for crypto theft, and it was not close. Immunefi reported that about $742 million was lost across 33 hacked entities, enough for the month alone to account for roughly a third of all money stolen in hacks so far in 2026.

About $270 million was later returned by an attacker. Twenty-four DeFi protocols were hit.

Bitget and Liquid Network together made up about 95 percent of the month’s losses, and DefiLlama ranked September the fifth-worst month for crypto hacks in the last decade.Other trackers put the damage slightly higher.

PeckShield counted 55 major incidents and $766.5 million stolen, a jump of roughly 462 percent from August’s $136.3 million.

CertiK recorded closer to 97…

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