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Q2 2026 sees record 70 crypto hacks totaling $746M in losses

Q2 2026 sees record 70 crypto hacks totaling $746M in losses

The second quarter of 2026 has been marked as the most-hacked period in cryptocurrency history, with approximately 70 recorded hacks totaling $746 million in losses. This figure is double the previous record for the number of incidents in a single quarter, although it remains below past peak loss values. The increase in hacks highlights a shift toward more frequent, smaller-scale attacks, diverging from previous trends of fewer but larger breaches. The hacks in April 2026 alone accounted for 30 incidents, with significant breaches involving Drift Protocol and KelpDAO. Analysts note that code vulnerabilities and cross-chain bridge compromises have been major contributors to these incidents.

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