Crypto projects lost roughly $110 million to hacks in July as Immunefi recorded more confirmed bug bounty reports and found that audit competitions uncovered more serious vulnerabilities than private audits.
Summary
- Crypto hacks caused approximately $110 million in losses during July.
- Immunefi paid researchers $2.32 million for confirmed vulnerabilities during the month.
- Audit competitions found 6.2 serious bugs per engagement, compared with 1.5 in private audits.
- Immunefi projects 114 major hacks in 2026, potentially surpassing the previous annual record.
Crypto hacks put 2026 on course for a record
Immunefi recorded 164 crypto hacks through Aug. 3, including…
