Web3 hacks cost $482M in Q1 as phishing drove majority of losses: Hacken
Burns Brief
Hacken’s Q1 2026 report finds $482 million lost across 44 incidents, with phishing, legacy code bugs and key compromises driving losses as regulators tighten security demands The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
Hacken’s Q1 2026 report finds $482 million lost across 44 incidents, with phishing, legacy code bugs and key compromises driving losses as regulators tighten security demands.
Key Takeaways
- Hacken’s Q1 2026 report finds $482 million lost across 44 incidents, with phishing, legacy code bugs and key compromises driving losses as regulators tighten security demands