Crypto Project Hacks Totaled $1.32B in H1 of 2026

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. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur reasons over.