Security· ★★★· bearish·

Dragonfly's Haseeb Qureshi warns of 'COVID-like' wave of cyberattacks, crypto first in line

  • —On-chain hack count has surged, but annualized losses are roughly flat versus 2025
  • —Average loss per incident is declining
  • —Most small protocols have already been breached; large ones use AI to harden defenses
  • —Qureshi expects a similar attack wave across the broader internet
Why it matters: More frequent hacks with steady total losses signal a shifting risk profile for DeFi protocols and their users.
Source: PANews