$1.1B Crypto Losses Surge as Attackers Outpace Defenses

Crypto security losses have reached record levels in the first half of 2026, surpassing $1.1 billion in just six months, according to a report by Blockaid.

This marks a significant increase from the previous year's total losses and suggests that attackers are exploiting vulnerabilities faster than projects can address them.

The report tracked over 212 on-chain incidents, with April alone accounting for over $600 million in losses across DeFi. The Kelp DAO ($293 million) and Drift Protocol ($285 million) incidents stood out as the biggest individual attacks.

Ethereum and Solana were the primary targets, with Ethereum recording the largest losses at $332 million and Solana trailing closely behind at $326 million.