Crypto security losses exceeded $1.1 billion in H1 2026, according to a report by Blockaid tracking over 212 on-chain incidents. Ethereum recorded the largest losses at $332 million, closely followed by Solana at $326 million. The Kelp DAO ($293 million) and Drift Protocol ($285 million) incidents in April alone accounted for over 50% of total losses. On Solana, compromised private keys and signing infrastructure accounted for over 98% of losses, while Ethereum was primarily targeted through smart contracts and protocol code. Pressure is mounting on crypto projects to strengthen infrastructure, smart contract auditing, and incident response as attackers continue exploiting vulnerabilities faster than the industry can address them.
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