Hacker attack frequency hits a new high, but individual losses have decreased, indicating that the industry's defense system is evolving—it's just that there are more flies and mosquitoes.

CoinWorld News reports that, according to Unfolded statistics, 83 security incidents in the cryptocurrency industry have occurred in the second quarter of 2026, setting a new record for the number of hacker attacks in a single quarter. Despite the significant increase in attack frequency, the total losses amount to approximately $755.3 million, still well below the historical peak of about $3.56 billion in the fourth quarter of 2020. Data shows that current attack patterns are shifting from a few large-scale thefts to more frequent small-scale attacks, with the largest incidents this quarter being the theft of $293 million from KelpDAO and $280 million from Drift Protocol. Cross-chain bridge attacks caused about $351 million in losses, accounting for nearly half of the total losses; administrator privileges being compromised and fake token price manipulation each account for about 37%, and private key leaks account for approximately 5.7%.