News
Crypto’s Weakest Link
The email reports a surge in crypto hacks in 2026, highlighting a multimillion‑dollar supply‑chain attack on Ledger‑compatible hardware wallets by a Southeast Asian reseller, plus similar modifications in the EU and Singapore. It notes over $100M stolen from compromised wallets, a $300M hack of the Solana perps protocol Drift by North‑Korea‑linked actors, and a $25M stablecoin exploit. Quarterly hack counts rose to 114 and 122 in Q2‑Q3 2026, with total losses $2.24B, slightly down from $2.48B in 2025, though smaller‑scale attacks (<$1M) have tripled. The piece emphasizes a shift toward social‑engineering attacks and a long tail of minor exploits, while AI aids both attackers and defenders.