CertiK Tallies $766.4 Million in September Exploit and Phishing Losses

Blockchain security firm CertiK reported $766.4 million in exploit and phishing losses for September, with the bulk of that damage stemming from incidents involving Bitget and Liquid Network. The firm said that recovered and frozen assets significantly lowered the net losses remaining after those incidents.

By AI Newsroom· Reviewed by Pranav, Founder & Editor-in-ChiefPublished 1 minute agoUpdated 1 minute ago0 views

CertiK Tallies $766.4 Million in September Exploit and Phishing Losses

Why It Matters

The tally highlights the scale of protocol and platform risk in crypto during the month and shows that asset recoveries and freezes can materially alter the final impact of large security incidents. Tracking such losses helps market participants and regulators understand operational vulnerabilities and the effectiveness of post-incident responses.

Key Facts

Total reported losses (September): $766.4 million
Primary affected entities: Bitget and Liquid Network
Impact of recovery actions: Recovered and frozen funds substantially reduced remaining damage

Security firm CertiK published a monthly accounting of losses from exploits and phishing incidents that totaled $766.4 million for September. According to CertiK’s tally, the largest portions of that sum were linked to problems at Bitget and at Liquid Network, which together drove most of the month’s reported damage.

CertiK’s report also emphasized the role of post-incident actions in limiting net losses. The firm noted that funds which were recovered or frozen following the attacks materially lowered the amount of damage that remained after those responses. The account provides a snapshot of both the gross impact of security failures and the extent to which remediation efforts can mitigate outcomes.

The monthly figure contributes to ongoing industry monitoring of exploit and phishing activity, which tracks how frequently and how severely protocols and platforms are targeted. While CertiK’s summary identifies the largest contributors to September’s losses, it also underscores that recovery and law-enforcement or custodial interventions can change the final loss picture.

CertiK’s release serves as part of broader transparency efforts in the crypto security space, where periodic tallies allow observers to compare incident scale across months and assess how effective recovery mechanisms are in practice. The firm’s report did not, in the excerpt provided, break out specific recovery totals or offer a detailed timeline for the incidents mentioned.