Crypto platforms lost $3.63B to 245 exploits since 2025, with 60% of hit protocols having undergone audits, revealing limitations in conventional security practices.
Security & Exploits ·
Crypto platforms experienced $3.63 billion in losses across 245 security incidents from January 2025 through July 2026, with the 10 largest breaches representing 72.5% of total damage. Of 147 incidents involving protocols that had undergone audits, conventional security reviews proved insufficient to prevent the exploits, suggesting structural gaps in traditional audit practices. Meanwhile, active crypto insurance coverage declined by 20.2% to $130.2 million, with many policies containing restrictions that exclude losses from human error and private key theft.