Crypto Hacks Soar Past $1 Billion in First Half of 2026
Crypto losses topped $1 billion in the first half of 2026 as the industry recorded its highest number of hacks in a six-month period, according to onchain security platform Blockaid.
Ethereum and Solana recorded the largest losses from incidents affecting their networks, with roughly $332 million and $326 million in stolen funds, respectively. Blockaid tracked 212 security incidents during the period, with the largest single exploit coming from KelpDAO at $292 million.
The report said code exploits dominated Ethereum incidents by count, while compromised keys accounted for more than 98% of Solana's losses. Ido Ben-Natan, CEO of Blockaid, stated that '2025 had $2.58 billion lost across 63 incidents, concentrated in Q1 by Bybit's $1.5 billion.'