Q2 2026 Sets Record for Most Crypto Hacks with 83 Incidents, Though Total Losses Lower Than Previous Peaks
By
@cointelegraph
Summary
Q2 2026 has become the most-hacked quarter on record with 83 cryptocurrency protocol exploits, though the $755.3 million stolen is far less than the $3.56 billion lost in Q4 2020. The largest incidents were KelpDAO's $293 million hack and Drift Protocol's $280 million exploit. Bridge exploits emerged as the most costly attack vector, and the data suggests hacking activity is becoming more frequent but less costly per incident.
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Key quotes
· 4 pulledThe second quarter of 2026 has already become the most-hacked quarter on record by incident count, with 83 exploits targeting cryptocurrency protocols.
The $755.3 million stolen during the quarter so far is significantly lower than the $3.56 billion lost in the fourth quarter of 2020, which remains the costliest quarter on record for crypto hacks.
KelpDAO's $293 million hack and Drift Protocol's $280 million exploit were the largest incidents of the quarter.
Bridge exploits emerged as the most costly attack vector.
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