Crypto security risks showed little sign of easing during the first half of 2026. Instead, attacks accelerated to record levels, pushing industry losses beyond $1.1 billion in just six months.

A report by Blockaid tracked over 212 on-chain incidents. These losses alone exceed the total losses recorded throughout 2025.

Furthermore, the incident count reached 3.4 times the previous full-year level, suggesting attackers are exploiting vulnerabilities faster than projects can address them.

April alone accounted for over $600 million in losses across DeFi, translating to over 50% of these losses. The Kelp DAO ($293 million) and Drift Protocol ($285 million) incidents stood out as the biggest individual attacks.

The two…