Crypto Hacks Surge to New Highs as Q2 Losses Top $755 Million

The second quarter of 2026 saw a record number of crypto protocol hacks, with analysts recording 83 incidents that resulted in $755.3 million in losses.

The largest attacks included the hack of KelpDAO for $293 million and the exploit of Drift Protocol for $280 million.

In the cross-chain bridge segment, losses amounted to $351 million, with 38% attributed to the LayerZero OFT bridge incident linked to the KelpDAO attack.