Bitget’s $388M hack pushes Q3 crypto security losses past $1B
Crypto security losses reached $1.26 billion in Q3 across 247 incidents, with September alone accounting for roughly $769 million.
What happened
Crypto security losses reached $1.26 billion in Q3 across 247 incidents, with September alone accounting for roughly $769 million.
Why it matters
The incident may affect operational continuity, asset safety or trust around Security. Watch for verified scope and remediation.
Affected entities
View evidence
1 reports · 1 original report · 1 independent
- CointelegraphPrimary source · Supports · EN · 100%Bitget’s $388M hack pushes Q3 crypto security losses past $1B ↗
Claims
- Bitget’s $388M hack pushes Q3 crypto security losses past $1B Observed
Conflicts
No material conflict detected in the available evidence.
Timeline
- First reported
Market move following event
Market reaction is not yet available for this asset and time window.
Score explanation
Confidence · formula confidence-2.1.0
Source trust63
Independent corroboration51
Primary evidence35
Claim consistency82
Extraction confidence82
Attribution quality90
Impact · formula impact-2.1.0
Event magnitude96
Market relevance74
Entity significance42
Market breadth45
Novelty68
Urgency96
capital magnitude100
Ranking · formula rank-1.0.0
Confidence factor0.82
Freshness factor0.9988
Breaking bonus8