Crypto Market Suffers Significant Losses from Hackers in March

The crypto industry experienced a significant surge in hacking incidents in March 2026, with at least 20 major hacks resulting in total losses of approximately $52 million.

This figure represents a notable increase from February, when losses were around $26.5 million, marking a nearly 96% month-over-month surge.

The most significant incident was linked to the ResolvLabs protocol and the USR stablecoin, with an AWS KMS breach enabling an 'infinite mint' and creating about 80 million unbacked USR tokens, resulting in direct losses of around $25 million.