United StatesHackers stole $1.18 billion across 107 crypto incidents, Hacken found.

Investors see an audit badge and assume the whole platform is covered, Hacken says.

Bitget lost at least $352 million when hackers exploited a flaw in a third-party security product to reach its withdrawal systems.

Hacken would not name two venues holding over $700 million behind signing setups it calls inadequate.

How each outlet framed it
CoinDesk leans critical
frames the $1.18B Q3 hack losses around audit scope gaps, noting $906.8M came from suppliers and developer tools outside audited code

Sources: CoinDesk