Crypto’s Quietest Month In Nearly A Year — But Hackers Haven’t Gone Away

February 2026 saw crypto hack losses drop to just $26.5 million across 15 incidents, representing a 69% decline from January and the lowest monthly figure in 11 months. Two major attacks on YieldBlox ($10M) and IoTeX ($9M) accounted for over 70% of total losses, while improved security standards and AI-powered monitoring tools are helping reduce vulnerabilities.

• →February 2026 recorded only $26.5 million in crypto hack losses, down 69% from January's $86 million.
• →YieldBlox and IoTeX attacks together comprised over 70% of February's total losses through price manipulation and private key exploits.
• →Enhanced security measures including AI-powered code checks and real-time monitoring are improving protocol security.
• →Phishing attacks remain a persistent threat despite overall security improvements, targeting users rather than code vulnerabilities.
• →Market volatility with Bitcoin dropping below $70,000 may have contributed to reduced exploit activity as focus shifted to managing losses.