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Crypto
hacks
and
exploits
resulted
in
approximately
$37.7
million
in
losses
during
February
2026
and
were
the
lowest
monthly
figure
since
March
2025
according
to
Certik
data.
Summary
Crypto
hacks
totaled
$37.7M
in
February,
lowest
since
March
2025.
Wallet
compromises
led
losses
at
$16.6M,
ahead
of
phishing
and
exploits.
About
30%
of
stolen
funds
were
frozen
or
recovered
during
February.
Phishing
attacks
accounted
for
$8.6
million
of
the
total,
while
wallet
compromise
led
incident
categories
with
$16.6
million
in
losses.
YieldBlox
topped
individual
exploits
with
$10.6
million
stolen,
followed
by
IoTeX
at
$8.9
million
and
Foom
at
$2.3
million.
DeFiprotocols
suffered
the
largest
losses
by
type
at
$14.4
million,
while
AI-related
projects
recorded
$8.9
million
in
thefts.
Funds
returned
or
frozen
reached
$11.3
million,
representing
approximately
30%
of
total
losses.
#CertiKStatsAlert🚨
Combining
all
the
incidents
in
February
we’ve
confirmed
~$35.7M
lost
to
exploits
with
~$8.5M
of
the
total
attributed
to
phishing.
This
figure
is
the
lowest
monthly
loss
since
March
2025.
More
details
below
👇pic.twitter.com/7McXeoH3BR
—
CertiK
Alert
(@CertiKAlert)February
28,
2026
Wallet
compromise
and
price
manipulation
drive
February
losses
Wallet
compromise
incidents
totaled
$16.6
million
across
February
and
were
the
largest
crypto
hacks
loss
category.
Price
manipulation
attacks
followed
with
$11.4
million
in
stolen
funds,
while
phishing
schemes
drained
$8.6
million
from
victims.
Code
vulnerability
exploits
accounted
for
$5.1
million,
with
exit
scams
adding
$2.1
million.
Instadapp
posted
the
largest
single
incident
at
$10.5
million,
followed
by
EFX
at
$8.9
million.
Kasm
recorded
$2.2
million
in
losses,
while
Initia
saw
$2.1
million
stolen.
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update:
Bitcoin
and
Ethereum
price
drop
after
explosion
reported
in
Tehran
CryptoFarm
experienced
two
separate
incidents
totaling
$2.7
million
combined.
Smaller
incidents
included
UCC
and
Hedgehog
at
$400,000
each,
with
Lending
and
SEI
Token
both
posting
$200,000
in
losses.
DeFi
protocols
continued
to
see
the
highest
exploit
activity
with
$14.4
million
in
losses
across
multiple
incidents.
AI-related
projects
emerged
as
the
second-largest
target
with
$8.9
million
stolen.
Gambling
platforms
lost
$2.3
million,
while
address
poisoning
and
wallet
drainer
schemes
combined
for
$2.7
million.
February
shows
60%
crypto
hack
drop
from
January
The
$37.7
million
February
total
is
a
sharp
drop
from
typical
monthly
figures
seen
throughout
2025.
Certikdatashows
January
and
February
2026
both
posted
lower
losses
than
most
2025
months.
Total
incidents
remained
relatively
stable
month-over-month
based
on
the
chart.
The
reduction
in
total
losses
comes
from
fewer
high-value
exploits
rather
than
decreased
attack
frequency.
Phishing
incidents
showed
similar
patterns
across
both
months,
with
February’s
$8.6
million
matching
January
levels.
Exploit
total
loss
also
dropped
from
January’s
elevated
levels
to
February’s
$37.7
million.