The Bitcoin protocol itself is not under major attack: the blockchain and its consensus mechanisms remain secure. In reality, the crypto sector is facing a growing wave of phishing attacks, malware, and operational compromises that have drained over $1.1 billion from users in the first half of 2026, across 212 separate incidents. In July 2026, a vulnerability dubbed Ill Bloom led to coordinated theft of over $5 million from wallets targeting specific implementations. Actors linked to North Korea are identified as responsible for a significant portion of these incidents, using sophisticated social engineering campaigns.
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