A person holds a laptop computer laptop as cyber code is projected on him on this illustration image taken on Could 13, 2017.
Kacper Pempel | Reuters
Safety audits weren’t sufficient to maintain many cryptocurrency platforms protected from money-losing hacks, crypto market knowledge web site CoinGecko mentioned in a report dated Aug. 27.
Between January 2025 and July 2026, cryptocurrency platforms have misplaced greater than $3.63 billion resulting from a wide range of cyberattacks and stolen passkeys, the report mentioned.
Round 88% of the stolen funds and about 60% of the affected platforms had “accomplished impartial safety audits,” the report mentioned. It famous many of the assaults focused areas that checks don’t sometimes cowl.
Bybit was most affected, the report mentioned, citing the $1.4 billion February 2025 heist that Elliptic attributed to North Korea. Second-most affected was KelpDao, with $292 million misplaced, adopted by Drift Protocol, with $285 million misplaced, the report mentioned.
Bybit, KelpDao and Drift Protocol did not instantly reply to a CNBC request for remark.
