Security· ★★★★· bearish·

Crypto's biggest hacks since 2022 drained over $5B — and the flaw was people, not code

  • —Top 10 hacks since 2022 drained over $5 billion
  • —Bybit lost $1.46 billion in February 2025 — roughly 401,000 ETH
  • —Ronin Network lost $625 million after 5 of 9 validator keys were compromised
  • —TRM Labs: 207 hacks in H1 2026 vs 85 in H1 2025, $972 million stolen
Why it matters: Attacks increasingly target keys, custodians and people rather than smart contracts, forcing exchanges and protocols to rethink their security models.
Source: AMBCrypto