Attackers carried out 207 crypto hacks in H1 2026 — a record for any six-month period — but total losses fell to USD 972 million, less than half of the USD 2.3 billion stolen in H1 2025. Two distinct patterns explain the divergence. 🔹 Infrastructure compromises made up roughly 15% of incidents but drove approximately 76% of losses, concentrated in two North Korea-linked operations against Drift Protocol and KelpDAO totaling USD 577 million. 🔹 Smart contract exploits accounted for most incidents but a far smaller share of stolen value, with a median loss of about USD 219,000. The lower total reflects the absence of another record-setting theft, not a reduction in attacker capability. Read our full analysis here ➡️