NewsHK

Audited and hacked: crypto platforms lost over $3.63 billion despite security checks

9/8/2026

The security audit has become the digital asset sector's primary credential of institutional trust.

Against that backdrop, CoinGecko reports that more than 60% of cryptocurrency platforms that lost money to cyberattacks had already completed independent security reviews, with total losses exceeding $3.63 billion.

The finding reframes how the sector prices its own risk. The audit has functioned, across the broader cycle, as the closest thing digital asset infrastructure has to a credit-quality marker.

Platforms publish completed reviews. Cross-border capital allocators and institutional counterparties treat those disclosures as a qualifying screen before committing funds.