Crypto Hack Losses Drop To $26.5 Million In February 2026 As Major Exploits Pause

In February 2026, crypto-related hacks and scams caused $26.5 million in losses, the lowest monthly total in 11 months, according to PeckShield. The firm reported 15 incidents, with attacks on YieldBlox and IoTeX accounting for more than 70% of the damage, while overall losses fell 69% from January and 98.2% year-on-year. Analysts point to the absence of a billion‑dollar exploit, shifting market conditions as Bitcoin slipped below $70,000, and tighter security practices and AI‑driven monitoring as key factors, though phishing remains a persistent threat.