Hacking News
Crypto hack losses hit $8.78 billion in 2026, surpassing on‑chain revenue
DefiLlama reports that crypto hack losses reached $8.78 billion in 2026. This amount exceeds ARK Invest's estimate of $5.6 billion for on‑chain revenue this year, marking the first time the loss figure has been higher since 2020. A single attack accounts for the majority of the total losses. DeFi protocols experienced a 58% increase in losses compared with the previous period. The data highlights a significant rise in hacking-related financial impact for the sector.