Crypto Sector Suffers $26.5 Million in Losses from Hacks in February 2026, Down 98.2% Year-on-Year

Odaily News According to PeckShield monitoring, the confirmed losses from hacks in the crypto industry in February 2026 amounted to $26.5 million, setting a new low since March 2025. A total of 15 attack incidents occurred in February, with the total loss decreasing by 98.2% compared to $1.5 billion in February 2025, and by 69.2% compared to $86 million in January 2026.

The top five security incidents resulted in losses of approximately $25.9 million, accounting for over 98% of the total losses for the month. Among them, the Stellar ecosystem lending protocol YieldBlox suffered a $10 million loss due to oracle manipulation; the IoTeX ioTube bridge security vulnerability led to an $88 million loss; CrossCurve, FOOMCASH, and Moonwell lost $3 million, $2.3 million, and $1.8 million respectively. Currently, $7.2 million from YieldBlox has been frozen, and the IoTeX Foundation has announced 100% compensation for affected ioTube users and has frozen 86% of the illicit tokens.