The crypto industry suffered approximately $35.7 million in losses from exploits in February 2026, marking its lowest monthly total in nearly a year, according to a security report. While overall losses declined, wallet compromise incidents led with $16.6 million stolen, and phishing attacks accounted for $8.5 million of the total. Nearly 30% of the lost funds, about $11.3 million, were either returned or frozen during recovery efforts.
Security data shows crypto losses fell to around $35.7 million in February, the smallest monthly figure since March 2025. Phishing accounted for $8.5 million of that total, while wallet compromise was the single largest category at $16.6 million.
The report noted that about $11.3 million in funds were either returned or frozen during the month. This recovery effort represented nearly 30% of the total confirmed losses for February.
Major individual exploits drove the month’s totals, with YieldBlox topping the list at approximately $10.6 million stolen. IoTeX followed with $8.9 million in losses, while Foom recorded a $2.3 million loss.
When broken down by blockchain sector, decentralized finance (DeFi) protocols were the most affected, suffering roughly $14.4 million in losses. AI-related projects came next with about $8.9 million stolen, followed by smaller incidents on gambling platforms and from wallet drainers.
Other significant losses included over $11.4 million from crypto market price manipulation. Code vulnerabilities and various exit scams made up smaller portions of the month’s total financial damage.
