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Article puts 2026 crypto hack losses near $8.78 billion

Original title: As Hacks Near $9 Billion in 2026, Crypto Has A Hole in Its Pocket

GBHackersby Kavichselvan ()4 min read
AI summary · x-ai/grok-4.7Summaries by Vani AI

It cites a Binance incident affecting about $6.34 billion and promotes Ambire’s new Ice hardware wallet.

A GBHackers article says crypto hacks and exploits took $8.78 billion across 329 incidents in 2026, counting assets later frozen or recovered. It says last month’s Binance compromise affected about $6.34 billion; Binance reported roughly $2.85 billion frozen or intercepted and 98% of impacted token assets replenished by October 31. The piece also describes North Korean attackers tricking Bybit signers through a compromised Safe wallet interface, then promotes Ambire Ice, a clear-signing hardware wallet.

Unconfirmed: The loss totals and Binance freeze and replenishment figures are claims in the article, not independently confirmed here.

Key facts
  • First-half 2026 losses exceeded $1.31 billion, the article says.
  • Wallet compromises accounted for more than $444 million across 33 incidents.
  • Bybit’s $1.5 billion theft last February is used as a comparison.
  • Ambire Ice uses NXP and Infineon secure elements and offline signing.
  • The Ethereum Foundation has flagged unclear signing as a security weakness.
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From the original article

4 min read at gbhackers.com

Another year, another wave of cryptocurrency hacks, and the losses are harder and harder to ignore. With billions of dollars stolen, exchanges breached, and sophisticated attackers finding routes around security systems, crypto is once again facing questions about how safely people can store their digital assets. $8.

GBHackers

By Kavichselvan · gbhackers.com

Read the full article at GBHackers

A short excerpt; the article and its images belong to the publisher. Summary, key facts and assessment above are AI-written from the article and can be wrong.