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TRM Labs: In the first half of 2026, there were 207 crypto hacking incidents, with total losses of $972 million.

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CoinWorld news, according to TRM Labs report, there were 207 crypto hacks and exploit incidents in the first half of 2026, the highest for any six-month period on record, but total losses were $972 million, less than half of the $2.3 billion in the same period in 2025. The report said typical losses per incident were about $219k, with 123 incidents recorded in the second quarter, a quarterly high. Smart contract exploits accounted for the majority, with 125 incidents, primarily targeting DeFi protocols, decentralized exchanges, and token projects. Infrastructure and operational security incidents accounted for only about 15% but caused approximately 76% of losses. Two North Korea-linked attacks in April dominated first-half losses, with Drift Protocol losing about $285 million and KelpDAO losing about $292 million, totaling about $577 million. TRM Labs estimates that about $643 million of losses in the first half of 2026 can be attributed to North Korea-linked hacker attacks, accounting for about 66% of total losses.
DRIFT-4.80%
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AirdropNightwatch
· 2h ago
An average of 210k dollars doesn't sound like much, but those two incidents in Q2 alone accounted for 577 million dollars. The long-tail distribution is too deadly.
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