#FedOctoberRateHikeOddsFallTo17% Record-breaking September: minus $766 million
The crypto industry lost more than $766 million in a month due to hacks and exploits, marking the worst performance in 2026.
The main damage hit two targets:
• Bitget: A loss of about $388 million due to a vulnerability in third-party software.
• Liquid Network: A loss of around $320 million due to a bug that enabled the creation of unbacked tokens.
Interesting detail: from the Liquid Network hack, the attackers returned about $272 million. But this isn’t a story about system security. It’s a story about how, this time, a “white hat” decided to return the money after demonstrating a gap in the defenses.
Since the beginning of the year, the industry’s total losses have already reached $2.68 billion. The numbers show that security still can’t keep up with the growth of assets.🤔More than 50% of Russia’s backbone communication lines have passed their warranty period.
Russian internet may need major infrastructure repairs. More than 50% of fiber-optic backbone lines, by length, have already exceeded the guaranteed service life of 25 years.🇺🇸 The U.S. Congress is considering expanding crypto regulations.
Banks and credit unions may be allowed to hold digital assets and issue stablecoins.$AMZNB $BTC $ETH