Blockchain investigator ZachXBT says undercover chats, combined with on-chain analysis, helped trace people handling funds linked to the $1.5 billion Bybit hack. Key claims about the alleged network, its scale and a USDT freeze remain unverified.
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In 2026, crypto’s biggest losses came less from broken code and more from broken trust: compromised keys, signers, governance, and even hardware wallet firmware. TRM Labs says H1 hacks hit $972 million, exposing how easily “secure” systems still fail at the human layer.
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MiCA’s July 1 cutoff left 1,062 EEA crypto firms without authorization, underscoring how uneven Europe’s licensing rollout still is. TRM Labs says the unauthorized cohort carried far more risk overall, but the bigger story is a compliance squeeze that could get messy fast.
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A Coldcard firmware flaw reportedly weakened seed generation on some Bitcoin hardware wallets, helping fuel a massive drain that investigators say may have hit thousands of addresses and drained well over $100 million. Firmware updates won’t fix old seeds — users may need to move funds fast.
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A Coldcard firmware flaw helped fuel a brutal 2026 crypto theft wave, with TRM Labs reporting more than $1.2 billion stolen across 276 incidents. The lesson is blunt: self-custody beats exchanges, but bad firmware, weak entropy, and sloppy security can still wreck you.
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Crypto theft stayed ugly in H1 2026, with a record 207 incidents and $972 million lost, even as damage fell from last year’s brutal totals. The real warning: smaller exploits rose, but operational failures and North Korea-linked thefts still did the heaviest damage.
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Crypto hacks hit a record 207 incidents in H1 2026, but losses came in at $972M, below the $1B mark. TRM Labs says smart contract bugs drove the most attacks, while key thefts and infrastructure failures caused most of the damage.
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TRM Labs says HTX’s rapid wallet rotation may be helping it stay ahead of static sanctions screening after the UK sanctioned Huobi Global S.A., while HTX calls the activity routine security practice. The clash highlights how fast-moving onchain infrastructure can outpace compliance controls.
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North Korea-linked hackers stole 66.2% of all crypto taken in H1 2026, even as total losses fell to $972 million. TRM Labs says hacks hit a record 207, but the real damage came from infrastructure and operational failures, not just smart contract bugs.
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Mexico City has capped World Cup celebration crowds after fan deaths, while TRM Labs says on-chain crypto gambling has surged into a $51 billion market in 2025. Two very different risks, same lesson: when controls fail, people get hurt — physically or financially.
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