Crypto projects lost $110 million to hacks in July as bug bounty reports rise
In July, crypto projects experienced losses of approximately $110 million due to hacks, as reported by Immunefi. The rise in confirmed bug bounty reports and the discovery of serious vulnerabilities through audit competitions highlighted the ongoing security challenges in the cryptocurrency sector.
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Crypto hacks cost $110M in July as bug reports rise
Crypto projects lost roughly $110 million to hacks in July as Immunefi recorded more confirmed bug bounty reports and found that audit competitions uncovered more serious vulnerabilities than private audits. Crypto hacks put 2026 on course for a record Immunefi…
Crypto lost $110 million to hacks in July amid rising bug bounty activity: Immunefi
Crypto lost roughly $110 million to hacks in July as Immunefi said its audit competitions outperformed tier-1 audits.

