February 2026 Sees Lowest Crypto Hack Losses Since March 2025: $37.7 Million in Total Losses Reported

Crypto Hacks Plummet to Lowest Monthly Losses Since March 2025

February 2026 witnessed a significant decline in cryptocurrency-related hacks, with losses totaling approximately $37.7 million, marking the lowest monthly figure since March 2025, according to data from Certik. This drop represents a stark contrast to the higher figures seen in previous months, particularly January.

Summary of Losses

The breakdown of losses reveals that wallet compromises were the leading cause, accounting for $16.6 million. Phishing attacks followed, resulting in $8.6 million in stolen funds. Notably, about 30% of the stolen assets—approximately $11.3 million—were either frozen or recovered during the month.

Major Incidents

Among the most significant exploits, YieldBlox topped the list with $10.6 million stolen, followed closely by IoTeX at $8.9 million and Foom with $2.3 million. DeFi protocols bore the brunt of the losses, suffering a total of $14.4 million, while AI-related projects were not far behind with $8.9 million in thefts.

Types of Attacks

The data indicates that price manipulation attacks also contributed significantly, with losses totaling $11.4 million. Other categories included code vulnerabilities, which accounted for $5.1 million, and exit scams, which added $2.1 million to the total.

A Positive Turn?

Despite the alarming figures, the reduction in total losses is a welcome sign for the crypto community. The $37.7 million loss in February represents a 60% drop from January’s figures, suggesting that while the frequency of attacks remains steady, the scale of high-value exploits has diminished.

Certik’s analysis indicates that the overall number of incidents has remained stable, but the severity of these attacks has lessened, providing a glimmer of hope for investors and stakeholders in the cryptocurrency space.

Conclusion

As the crypto landscape continues to evolve, the data from February 2026 serves as a reminder of the persistent threats facing digital assets. While the decline in losses is encouraging, the community must remain vigilant against the ever-present risks of hacks and exploits. The ongoing efforts to enhance security measures and recover stolen funds will be crucial in safeguarding the future of cryptocurrency investments.