Centralized Exchange and DeFi Losses Dominate 2026 Crypto Hacks Despite Hardware Wallet Failures
· lightning · Sentiment: bearish
In 2026, centralized exchanges and DeFi platforms were the primary targets of crypto hacks, resulting in significant losses. Despite reported vulnerabilities in hardware wallets, they did not dominate the losses. The majority of hacks exploited vulnerabilities in centralized and decentralized finance systems. This trend highlights the ongoing security risks associated with using centralized exchanges and DeFi platforms.