$3.63 Billion Hacking Losses, 60% of Platforms Completed Security Audits

By: www.tokenpost.kr|2026/09/08 08:40:38

Cryptocurrency platforms lost $3.63 billion to cyberattacks between January 2025 and July 2026. Approximately 60% of the affected platforms had completed independent security audits. According to a report by CoinGecko, there were 245 attacks during this period, with the top 10 accounting for 72.5% of the total losses. After audits, 147 protocols were attacked, resulting in losses that amounted to 88.44% of the total. Only about 11% of the incidents were directly caused by flaws in the audited smart contracts, with losses reaching $396 million. Centralized exchanges showed that private key theft was a major vulnerability, while decentralized applications suffered significant losses due to smart contract flaws. The platform that suffered the most was Bybit, which experienced a $1.4 billion theft incident in February 2025, contributing to the overall loss. During the ongoing security incidents, the coverage of cryptocurrency insurance decreased by 20.2%. As of August 2026, 5 out of 9 on-chain insurance protocols had either ceased operations or shifted to other sectors. This tally shows that independent security audits are not a foolproof means of preventing all attacks.

-- Price

--
--
--

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.

You may also like

iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com