Crypto Platforms Suffer $3,630,000,000 in Crypto Losses as Audited Platforms Suffer Heavily: Report
Crypto platforms are suffering massive losses to sophisticated exploits despite many having undergone independent security audits. A new CoinGecko report shows that between January 2025 and July 2026, crypto platforms suffered a staggering $3.63 billion in losses across 245 documented incidents. Notably the top 10 largest attacks accounted for more than 72.5% of the total value stolen during the period. Out of 245 documented incidents since early 2025, 147 involved protocols that had undergone audits before being compromised. These vetted entities represented a staggering 88.44% of the total capital drained over the last 19 months. Only about 11.0% of these incidents involved in-scope smart contract flaws though these still resulted in $396 million in losses. Infrastructure and supply chain vulnerabilities caused over $1.8 billion in losses while decentralized applications saw $546 million drained through smart contract exploits. Active coverage by crypto insurance pla...