PANews reported that September crypto security losses totaled approximately 730000000 USD, with Bitget and Liquid Network accounting for the majority of the losses
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AT A GLANCE
The report said September crypto security losses totaled approximately 730000000 USD, with the focus of attacks shifting to the infrastructure layer.
Article
730000000 USD Vanished!September Crypto Security Report: Hackers Are Targeting “Infrastructure”September Crypto security losses totaled approximately 730000000 USD，Bitget（387500000) and Liquid Network（319000000) accounted for more than combined. The focus of attacks has shifted from smart contract vulnerabilities to infrastructure-layer issues such as exchange backend manipulation, validator software flaws, governance and oracle manipulation, with private keys no longer the only point of entry. Projects need to strengthen backend access controls and supply chain security, while the industry should promote the development of infrastructure security standards.
The report said September crypto security losses totaled approximately 730000000 USD。
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The report said Bitget involved 387500000 USD、Liquid Network involved 319000000 USD, with the two incidents accounting for more than of the losses.
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The report said that the focus of attacks had shifted from smart contract vulnerabilities to infrastructure-layer issues such as exchange backend manipulation, validator software flaws, governance and oracle manipulation.
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The report recommended strengthening backend access controls and supply chain security, and promoting the development of infrastructure security standards.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This report summary suggests that hacker attacks do not target only smart contracts or private keys; they may also exploit infrastructure such as exchange backends, validator software, governance mechanisms, and oracles.
Why it matters to readers
If the amounts and attack trends in the report are confirmed, trading platforms and blockchain projects need to attach greater importance to the security of backend access controls, software supply chains, and critical infrastructure.
For beginners, this means that crypto asset risks come not only from the safekeeping of personal private keys, but also from the technical systems of platforms and projects themselves.
Risks and unknowns
The material is a report summary and provides no independent verification or official confirmation of the incidents involving Bitget and Liquid Network.
The material provides no details on the timing of the attacks, affected assets, technical forensics, or loss remediation.
730000000 USD The total losses and the trend toward infrastructure attacks still require confirmation through additional information.
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Smart Contracts
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