Crypto Insurance Problem Grows as Hacks Expose Coverage Gaps
Highlights: Crypto hacks caused $2.87B in losses across nearly 150 incidents during 2025. Bybit’s $1.46B breach accounted for 51% of all crypto hack losses in 2025. DeFi median losses fell 75%, from $6M in 2022 to $1.5M in 2025.
Step Finance, SolanaFloor and Remora Markets Shut Down After January Treasury Hack
$27 million to $40 million in SOL was removed from Step Finance’s treasury and fee wallets on Jan. 31, 2026, a breach that immediately triggered the wind-down of three early Solana ecosystem projects. The teams said the loss left them insolvent, unable to raise financing or find a buyer, and forced shutdowns across analytics, dashboard, […]
The Hidden Risk of Public Wi-Fi: How a Single Approval Wiped a Crypto Wallet
A short session on unsecured public Wi-Fi can become a high-impact wallet event when attackers intercept traffic and steer a user into a malicious token approval. The key risk isn’t “Wi-Fi steals keys,” it’s a consent flow that gets manipulated into granting standing permissions.
Crypto Hack Losses Fell 60% in December to $76M
In a striking development for the digital asset ecosystem, crypto hack losses plunged to approximately $76 million in December, representing a nearly 60% drop from November’s reported $194.27 million total, according to data from blockchain security firm PeckShield.