Crypto hacks top $1.1 billion in 2026, with less than 1% recovered
AI summary
Crypto hacks have surpassed $1.1 billion in losses in 2026, and less than 1% of those funds have been recovered. The low recovery rate points to weak security practices and limited recourse for victims, and the report argues for stronger security measures and regulatory oversight. Traders should treat this as a persistent risk premium on holding assets on exchanges and in vulnerable protocols.
