| What to Know: – February 2026 crypto losses estimated $35–$38M, lowest since March 2025. – Lowest monthly crypto losses since March 2025 recorded in February 2026. – Crypto losses in February 2026 range between $35M and $38M. |
Losses from crypto hacks, exploits, and phishing fell to roughly $35–$38 million in February 2026, the lowest monthly total since March 2025, based on data from CertiK (as reported by crypto.news: https://crypto.news/losses-from-crypto-hacks-reach-lowest-monthly-figure/). Alternate tallies place February losses at $35.7 million, as reported by Yahoo Finance, while other trackers cite about $37.7 million. Differences typically reflect whether datasets include phishing alongside exploits, the timing of incident recognition, and whether recovered funds are netted out.
For phishing specifically, losses dropped about 48% month over month to $5.32 million across 7,442 victims, according to ScamSniffer (via CryptoSlate: https://cryptoslate.com/phishing-losses-drop-48-to-5-32-million-in-february-as-crypto-users-grow-more-vigilant/). That multi-month decline aligns with evidence of improving security hygiene among users and intermediaries.
Three factors appear to underlie the decline: fewer outsized exploits, faster freezing and recovery of funds, and rising user vigilance. About 30% of stolen funds in February were frozen or recovered, as reported by crypto.news.
Regulatory messaging may have reinforced caution around common fraud scripts. “requests to send crypto assets … to invest in scams through fake crypto websites,” said the U.S. Commodity Futures Trading Commission in a February campaign (press release: https://www.cftc.gov/PressRoom/PressReleases/9181-26).
Despite the quieter aggregate, technical vectors remained active. Media coverage highlighted a roughly $10 million oracle manipulation at YieldBlox and a ~$9 million breach at IoTeX, as reported by BeInCrypto (https://beincrypto.com/crypto-scams-hacks-plunge-in-february/). These illustrate that DeFi and wallet-adjacent risks persist even when monthly totals ease.
Methodological choices also matter. Some providers exclude phishing or gross-up pre-freeze amounts, while others net out recoveries. Such differences can shift monthly totals by several million dollars without signaling a true change in underlying risk.
At the time of this writing, Bitcoin trades near $66,906 with a 14-day RSI around 39.8 and 30-day volatility near 6%. Market sentiment in the same dataset is listed as bearish.
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