Crypto hacks are having their quietest year since 2017. Grayscale published a research note on August 3 revealing that projected cybersecurity losses across the cryptocurrency sector sit at roughly $1.7 billion for 2026, the lowest annual figure in nine years.
That $1.7 billion represents approximately 0.1% of the total crypto market capitalization. In English: for every $1,000 of value sitting in crypto, about a dollar got stolen.
The Coldcard exploit and what it actually means
A vulnerability in the random number generator of Coldcard hardware wallets, manufactured by Coinkite, led to the compromise of an estimated 1,367 to 1,400 BTC.
At current prices, that translates to roughly $88 to $90 million in losses. According to data from rekt.news, the Coldcard incident ranks as the third-largest cybersecurity exploit of 2026.
