Crypto hacks continue to create major problems for the digital asset industry. A new report shows that the average loss from a cryptocurrency hack now stands at about $25 million. This number highlights how expensive and damaging security failures can be for crypto companies.
According to Immunefi’s 2026 State of Onchain Security report, the industry still faces serious weaknesses. At the same time, hackers are using more advanced methods to target exchanges, projects, and blockchain-based platforms. As a result, cyberattacks remain one of the biggest risks in crypto.
The Scale of the Problem Is Growing
Over the last two years, the crypto sector has suffered a large number of attacks. In 2024 and 2025 alone, 191 publicly reported hacks led to total losses of $4.67 billion. Looking at the last five years, the numbers become even more alarming. During that period, 425 hacks caused combined losses of $11.9 billion.
These figures show that crypto attacks are not isolated events. Instead, they have become a repeated and costly issue for the industry.
Even though many hacks are smaller, the overall average remains very high. The report says the median loss per hack is $2.2 million, which means many incidents fall below the average. However, the average loss is $24.5 million, mainly because a few massive breaches push the total much higher.
A Few Huge Attacks Cause Most of the Damage
One of the most important findings in the report is that a small number of attacks account for most of the stolen funds. In fact, the five largest hacks in 2024 and 2025 made up 62% of all losses. The top 10 hacks represented 73% of the total amount stolen.
This means the crypto market is heavily affected by rare but extremely destructive attacks. While smaller breaches happen often, the largest incidents cause the biggest financial shock.
A major example was the $1.5 billion breach at Singapore-based exchange Bybit. That single incident alone represented 44% of all losses in 2025. Events like this show how one major security failure can distort yearly totals and damage confidence across the market.
Markets React Faster and More Harshly Now
The report also notes that investors are becoming less forgiving when a hack happens. In the past, some projects were able to recover market trust more quickly. Now, the reaction is often immediate and severe.
On average, tokens linked to hacked projects fall about 10% within two days of the breach. That sharp decline shows how quickly fear spreads after security problems become public.
The longer-term picture looks even worse. Around 84% of affected tokens remain below their pre-hack price even six months later. Only 16% manage to rise above the level they held before the attack.
This tells us that a hack does not only create direct financial loss. It also causes long-lasting damage to reputation, investor trust, and token performance.
Recovering Stolen Funds Is Still Rare
Another major challenge is fund recovery. Once stolen crypto moves through mixers, bridges, or different wallets, recovering it becomes very difficult. In many cases, companies never get the money back.
That makes prevention even more important. If a project loses funds, the damage often goes far beyond the first headline. It can affect users, investors, partners, and the long-term future of the business.
Security Must Stay a Top Priority
The latest findings make one thing clear: crypto organizations cannot afford to treat security as an afterthought. As hackers continue to target the industry, companies need stronger protection, better monitoring, regular audits, and faster response plans.
Immunefi’s report calls on crypto firms to keep improving their security systems and internal protocols. That advice is especially important as the industry grows and attracts even more attention from attackers.
Overall, the message is simple. Crypto hacks cost companies far too much, and the impact is often much deeper than the initial dollar amount. Strong security is no longer optional. It is essential for survival in the onchain world.
