Crypto Losses Top $1B in H1 2026 With Record Hack Count, Blockaid Reports
TL;DR
- Record losses: Crypto losses exceeded $1 billion in H1 2026, with Blockaid tracking 212 incidents.
- Ethereum impact: Blockaid reported $332 million in Ethereum losses driven mainly by code exploits and key compromises.
- Solana vulnerabilities: Blockaid said compromised keys caused more than 98% of Solana’s $326 million in losses, far above 2025 levels.
Crypto losses surged past $1 billion in the first half of 2026, marking the most damaging six‑month stretch the industry has ever recorded, according to new findings from Blockaid. The onchain security platform said the period set an all‑time high for confirmed hacks, driven by large‑scale exploits across Ethereum and Solana and a sharp rise in high‑threshold incidents.
Ethereum Faces Heavy Damage From Code Exploits
Blockaid said Ethereum suffered roughly $332 million in losses during H1 2026, the highest total among all networks. Attackers primarily targeted vulnerabilities in applications built on Ethereum, with code exploits dominating incident counts. The report highlighted major losses tied to key compromises involving Humanity Protocol and StablR, while CoWSwap was the only major Ethereum case classified as a user mistake.
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