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Major Crypto Attacks Deal Prolonged Blows to Project Ecosystems

Major Crypto Attacks Deal Prolonged Blows to Project Ecosystems

Author:

Global Cryptocurrency

Published:

2026-03-23 03:40:02

9

1

BTCCSquare news:

Cryptocurrency projects face enduring damage long after initial security breaches, according to Immunefi's 'State of Onchain Security 2026' report. The study reveals that attacks between 2024 and 2025 resulted in $4.67 billion in losses, with cumulative five-year damages reaching $11.9 billion.

Despite stagnant attack frequency—94 incidents in 2024 and 97 in 2025—the industry shows no meaningful security improvements. High-profile breaches continue dominating risk discussions for months, exacerbating systemic vulnerabilities across decentralized finance networks.

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