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Crypto Hacks and Losses Reach $1.18 Billion in Q3 2026 Across 107 Incidents

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Security firm Hacken reported that crypto hacks and related losses totaled $1.18 billion across 107 incidents in the third quarter of 2026. The figure was 55% higher than the previous quarter and underscored persistent security challenges even as overall market capitalization recovered toward the $2.7–3 trillion range earlier in the year. Audit badges and conventional security signals did not fully mitigate the risks in several high-profile cases, according to the analysis.

Approximately $906–907 million (about 77% of the total) stemmed from compromised suppliers or developer tools, publicly available security fixes that were not installed, or components excluded from the most recent security reviews. Major incidents included a Bitget exchange breach involving third-party security infrastructure (reported between roughly $352–387 million) and an exploit affecting the Liquid Network (around $320 million). Smart contract issues accounted for a large share of the number of incidents, while access-control and operational failures drove significant value losses. About one-third of the gross losses were later returned, reversed, or covered by operators.

The data serves as a reminder of operational and smart-contract risks amid growing institutional participation and on-chain activity. Hacken noted that many attacks targeted systems outside the typical scope of standard audits, such as signing infrastructure, third-party tools, and supplier components. The concentration of losses in a relatively small number of large incidents further highlighted how single points of failure can drive the majority of quarterly damage even as the broader market expands.

DeFi

Strive Discloses Additional Bitcoin Purchases, Holdings Reach 36,818 BTC

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Strive reported acquiring approximately 1,223 BTC for roughly $100 million between October 14 and 16, 2026, at an average price near $81,734, bringing its total holdings to 36,818 BTC, according to an SEC Form 8-K filing disclosed on October 19. The purchase adds to 2,822 BTC acquired earlier in the week, for a combined weekly total of 4,045 BTC at an average of about $82,803 per coin.

The disclosure aligned with continued corporate treasury activity even as some analysts noted more selective buying compared with the 2025 boom period. Strive, which ranks as one of the largest publicly traded corporate Bitcoin holders (fourth-largest by some tallies), has expanded its treasury significantly through 2026 via preferred stock offerings, warrant exercises, and other capital-markets activity. The latest addition comes ahead of settlement of its SATS preferred stock offering, which was priced to raise roughly $630 million before expenses and is expected to settle on October 20. CEO Matt Cole has previously outlined ambitions to grow the firm’s position further among top corporate holders.

Together with Strategy’s concurrent purchases of 267 BTC, the moves reinforced institutional and corporate demand supporting Bitcoin’s ability to hold above the $80,000–$82,000 zone during the session. Strive’s holdings now sit near $3 billion at recent prices, with the company also maintaining cash reserves and preferred equity structures to support ongoing accumulation and dividend obligations. The activity underscores sustained corporate interest in Bitcoin as a treasury asset amid recent price volatility.

Strive’s filing confirmed the average purchase price inclusive of fees and expenses, and the company continues to position itself among the leading public Bitcoin treasuries alongside Strategy, Metaplanet, and others.

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