Crypto Exploits Siphon Record $1,100,000,000 From Digital Asset Protocols in Six Months: Report

Hackers siphoned a record $1.1 billion from cryptocurrency protocols in 212 onchain exploits during the first half of the year, according to a new report.

North Korea-linked groups account for $609 million or 55% of those losses, reports the blockchain security firm Blockaid.

Ethereum and Solana protocols suffered the heaviest network-level hits at approximately $332 million and $326 million respectively.

Major breaches hit KelpDAO for $292 million and Drift Protocol for $285 million, both tied to the same North Korea cluster.

The firm says the attack frequency climbs sharply from 18 in January to 57 in June, with April alone seeing $635 million stolen.

Zooming out, Blockaid verified more high-threshold exploits in this period than across all of 2025, signaling a sharp escalation in attacker scale and sophistication.

Operational security failures such as privileged key misuse drove roughly $790 million in damages, far outpacing code vulnerabilities.

Emerging risks include prompt injection attacks targeting AI agents and novel wallet delegation exploits that bypass traditional defenses.

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