Crypto Hacks Surge Past $1B as Ethereum and Solana Projects Take Big Hits

The cryptocurrency sector has been hit hard by security breaches in the first half of 2026. On-chain security platform Blockaid reported that losses from such incidents exceeded $1 billion, marking a record high.

This is based on 212 separate security breaches, with Ethereum- and Solana-related projects suffering significant losses of approximately $332 million and $326 million, respectively.

The most substantial single exploit during this period was the KelpDAO incident, where attackers exploited a cross-chain vulnerability, resulting in a $292 million loss.