Crypto Hacks Drop Significantly in February 2026, Totaling $26.5M

2026-03-01 18:21

In February 2026, the cryptocurrency sector experienced 15 major hacks, resulting in losses of $26.5 million. This marks a significant 98.2% decrease compared to February 2025, which saw $1.5 billion in losses, largely due to the $1.4 billion Bybit drain. Additionally, there was a 69.2% month-over-month decline from January 2026, which recorded $86.01 million in losses. The top five hacks in February included YieldBlox.finance, which lost $10 million, and the IoTeX.io Bridge, which suffered an $8.8 million breach. Other notable incidents involved CrossCurveFi with $3 million, FOOMCASH with $2.26 million, and Moonwell with $1.8 million in losses.

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