Crypto losses topped $1 billion within the first half of 2026 because the trade recorded its highest variety of hacks in a six-month interval, in keeping with onchain safety platform Blockaid.
Ethereum and Solana recorded the biggest losses from incidents affecting their networks, with roughly $332 million and $326 million in stolen funds, respectively, Blockaid stated in its H1 2026 safety report revealed Tuesday.
Blockaid tracked 212 safety incidents through the interval, with the biggest single exploit coming from KelpDAO at $292 million, whereas the platform verified 3.4 instances as many high-threshold exploits in H1 2026 as throughout all of 2025.
Code exploits drove Ethereum incidents, whereas breaches of keys and signing infrastructure accounted for many Solana losses, in keeping with the report.
Ethereum losses mirrored the dangers of high-value protocols
Ethereum incurred the best losses from incidents in H1 2026, with attackers primarily focusing on vulnerabilities in functions constructed on the community.
Blockaid stated code exploits dominated Ethereum incidents by rely, with main losses additionally linked to key compromises involving Humanity Protocol and StablR. CoWSwap, an Ethereum-based decentralized alternate, was the one main Ethereum incident within the report categorized as a person mistake.
Blockchain losses by community within the first half of 2026. Supply: Blockaid.
Blockaid recognized a number of frequent assault strategies focusing on Ethereum, together with bugs in bridges and sensible contracts, unauthorized entry to privileged accounts and market manipulation strategies.
The report stated Ethereum stays a serious goal as a result of it hosts lots of the crypto trade’s most useful functions, together with restaking platforms, stablecoins and decentralized exchanges.
Solana losses surged as attackers shifted focus
Solana incurred practically as a lot in losses as Ethereum through the first half of 2026, a pointy enhance from the roughly $127 million in stolen funds the community recorded throughout 2025.
“2025 had $2.58 billion misplaced throughout 63 incidents, concentrated in Q1 by Bybit’s $1.5 billion, with Ethereum and Arbitrum the highest chains by stolen-fund movement,” Blockaid CEO Ido Ben-Natan informed Cointelegraph.
Blockchain losses by community in 2025. Supply: Blockaid.
The change didn’t stem from an increase in sensible contract exploits. As a substitute, compromised keys accounted for greater than 98% of Solana’s losses, pushed largely by incidents involving Drift Protocol and Step Finance, which Blockaid linked to North Korea-linked cyber teams.
In contrast to Ethereum, the place attackers primarily exploited vulnerabilities in protocol code, Solana incidents focused signer infrastructure and organizational safety, whereas a handful of code exploits involving Raydium and Volo accounted for the remaining losses.
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