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Crypto Hacks Surge 55% to $1.2B as Private Key Thefts Drop 30%
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Crypto Hacks Surge 55% to $1.2B as Private Key Thefts Drop 30%

Key Highlights: Major September crypto security breaches at Bitget and the Liquid Network demonstrated distinct architectural breakdowns across instruction integrity, proof validation, and release mechanisms rather than direct private-key theft. Bitget suffered approximately $388 million in unauthorized transfers after attackers abused compromised privileged internal credentials to inject forged withdrawal instructions into otherwise secure custody environments. ...

L-BTC Resumes Trading With Reserves Covering Just 85% of Supply
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L-BTC Resumes Trading With Reserves Covering Just 85% of Supply

SideSwap Reopens Liquid Markets While Bitcoin Peg Remains Suspended SideSwap has reopened trading on the Liquid network even as the bridge back to Bitcoin stays closed, creating a market price for Liquid Bitcoin (L‑$BTC) before holders can redeem it for actual BTC. Reserve Data Shows 85% Coverage and a 627 BTC Gap At 22:55 UTC ...