Ethereum and Solana Hacked for $1 Billion...Top 2 in Hacking Damages in H1 2026

▲ Cryptocurrency Hacking

In the first half of this year, cryptocurrency hacking damages surpassed $1 billion, with Ethereum and Solana ranking first and second in the scale of damage.

According to Cointelegraph, a cryptocurrency specialized media outlet, on July 28 (local time), on-chain security firm Blockaid identified 212 security incidents in the first half of 2026. This was the highest number of hacks ever recorded in a six-month period. Ethereum (ETH) suffered damages of approximately $332 million. Solana (SOL) recorded approximately $326 million.

On Ethereum, attacks targeting protocol code vulnerabilities were the most common. Flaws in bridges and smart contracts were also identified as major attack vectors. Cases of intrusion into privileged accounts or market manipulation were also confirmed. Incidents involving Humanity Protocol and StablR were linked to private key theft.

Blockaid explained that high-value applications are concentrated on Ethereum. Representative examples include restaking platforms, stablecoins, and decentralized exchanges. CoWSwap was the only major Ethereum incident classified as user error.

Solana's damages surged from approximately $127 million in 2025 to $326 million in the first half of this year. More than 98% of the damages resulted from private key theft. Incidents involving Drift Protocol and Step Finance accounted for most of the damage. Blockaid linked these two incidents to North Korean-affiliated hacking groups.

The largest single loss was $292 million from the KelpDAO hack. The number of large-scale attacks identified by Blockaid was 3.4 times higher than in all of 2025. Ido Ben-Natan, CEO of Blockaid, stated, "In 2025, $2.58 billion was lost in 63 incidents."

[Article Summary]

-In the first half of 2026, cryptocurrency hacking damages exceeded $1 billion, with 212 security incidents occurring.

-Ethereum's damages were estimated at approximately $332 million, and Solana's at approximately $326 million.

-More than 98% of Solana's damages resulted from private key theft, and major incidents were linked to North Korean-affiliated organizations.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*