Crypto has lost more than $17B to hacks in the last 10 years. That number alone should reset how people think about “risk.”
According to the data, there have been 518 hacking incidents across crypto over the past decade, with total losses now above $17 billion.
What stands out is how the attack pattern is changing.
As smart contract security gets stronger, attackers are spending less time looking for obvious code flaws and more time targeting the weaker edges of the system — private keys, phishing, wallet security, signature infrastructure, development tools, and plain user mistakes.
That shift matters.
Because it means the biggest risk is no longer always inside the protocol itself.
Sometimes it is in the access layer around it.
The recent Kelp DAO rsETH bridge attack, where around 116,500 rsETH was stolen and the loss was estimated near $290M–$293M, is another reminder that one weak point can still lead to massive damage.
Crypto keeps improving.
But so do attackers.
That is the real story here. 🔐
Do you think the industry is finally taking wallet and infrastructure security seriously enough?