Wire · operational-macro
Crypto Project Hacks Totaled $1.32B in H1 of 2026
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Fusion42 · 27 July 2026 · Fusion42 review
Crypto projects suffered $1.32 billion in losses across 224 hacking incidents in H1 2026, with attackers shifting focus from code vulnerabilities to access control failures, phishing, and oracle manipulation. Access control compromises (including Kelp DAO's $292m breach and Drift Protocol's $280m hack) and social engineering represent the industry's primary security risks.
This Wire brief sits within Fusion42's coverage of Crypto & Web3 and Cybersecurity.
◆ ◆ The Wire takeaway
Hackers have stopped breaking code and started stealing keys. If you build access control, key management, or credential verification for crypto protocols, you have a $1.3 billion annual problem to solve—and the market is desperate for it.
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1 source · 27 Jul 2026
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