Crypto Hackers Steal $169M from 34 DeFi Protocols in Q1 2026

Crypto hackers stole approximately $168.6 million from 34 DeFi protocols in Q1 2026.

“DeFi hacks totaled 170 billion won in Q1…“Scale has fallen, but security concerns persist” Summary - It was reported that DeFi protocols suffered hacking losses of about $168”

bloomingbit

This was an 89% decline compared to $1.58 billion stolen in Q1 2025.

bloomingbit

The largest single exploit was a $40 million private key compromise at Step Finance.

Experts caution that cybercriminal activity tends to rise around market and event-driven cycles.

The Step Finance hack stemmed from operational security failures.

Truebit's exploit involved classic smart contract vulnerabilities.

Cointelegraph

Resolv Labs' breach was another private key compromise.

DeFi suffers from poorly sealed details and human errors.

North Korea-linked actors have been a persistent threat.

“Home»News»Crypto News DeFi did not have its most explosive quarter, but it remains an open target”

Cointribune

The Drift Protocol breach resulted in $280 million in losses.

The threat explosion across new crypto sectors illustrates ongoing volatility.

Cybercrime tactics are evolving beyond technical vulnerabilities.

Security in crypto must be continuous, not episodic.

The industry remained highly vulnerable despite decreased losses.

FXLeaders

Continuous security management is essential to protect user funds.