Crypto hack losses hit 57 cents per $1 earned onchain, ARK’s Valente says
AI summary
ARK's research director Valente says crypto hack losses equal 57 cents for every $1 earned onchain, with $8.7 billion stolen so far in 2026. That figure exceeds the projected annual onchain revenue generated across the industry. The comparison matters to traders because it frames security breaches as a structural drag on the economics of the sector, not just isolated incidents.
