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Crypto hacks drop to $37.7M, lowest since March 2025

February 28, 2026Updated:February 28, 2026No Comments3 Mins Read
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Crypto hacks drop to .7M, lowest since March 2025
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Crypto hacks and exploits resulted in roughly $37.7 million in losses throughout February 2026 and had been the bottom month-to-month determine since March 2025 in response to Certik information.

Abstract

  • Crypto hacks totaled $37.7M in February, lowest since March 2025.
  • Pockets compromises led losses at $16.6M, forward of phishing and exploits.
  • About 30% of stolen funds had been frozen or recovered throughout February.

Phishing assaults accounted for $8.6 million of the full, whereas pockets compromise led incident classes with $16.6 million in losses.

YieldBlox topped particular person exploits with $10.6 million stolen, adopted by IoTeX at $8.9 million and Foom at $2.3 million.

DeFi protocols suffered the biggest losses by sort at $14.4 million, whereas AI-related initiatives recorded $8.9 million in thefts.

Funds returned or frozen reached $11.3 million, representing roughly 30% of whole losses.

#CertiKStatsAlert

Combining all of the incidents in February we’ve confirmed ~$35.7M misplaced to exploits with ~$8.5M of the full attributed to phishing.

This determine is the bottom month-to-month loss since March 2025.

Extra particulars under pic.twitter.com/7McXeoH3BR

— CertiK Alert (@CertiKAlert) February 28, 2026

Pockets compromise and worth manipulation drive February losses

Pockets compromise incidents totaled $16.6 million throughout February and had been the biggest crypto hacks loss class.

Worth manipulation assaults adopted with $11.4 million in stolen funds, whereas phishing schemes drained $8.6 million from victims.

Code vulnerability exploits accounted for $5.1 million, with exit scams including $2.1 million.

Instadapp posted the biggest single incident at $10.5 million, adopted by EFX at $8.9 million. Kasm recorded $2.2 million in losses, whereas Initia noticed $2.1 million stolen.

CryptoFarm skilled two separate incidents totaling $2.7 million mixed.

Smaller incidents included UCC and Hedgehog at $400,000 every, with Lending and SEI Token each posting $200,000 in losses.

DeFi protocols continued to see the best exploit exercise with $14.4 million in losses throughout a number of incidents.

AI-related initiatives emerged because the second-largest goal with $8.9 million stolen. Playing platforms misplaced $2.3 million, whereas handle poisoning and pockets drainer schemes mixed for $2.7 million.

February exhibits 60% crypto hack drop from January

The $37.7 million February whole is a pointy drop from typical month-to-month figures seen all through 2025.

Certik information exhibits January and February 2026 each posted decrease losses than most 2025 months.

Whole incidents remained comparatively secure month-over-month based mostly on the chart. The discount in whole losses comes from fewer high-value exploits moderately than decreased assault frequency.

Phishing incidents confirmed comparable patterns throughout each months, with February’s $8.6 million matching January ranges.

Exploit whole loss additionally dropped from January’s elevated ranges to February’s $37.7 million.

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