Data: Over $17 billion in losses from cryptocurrency hacking incidents in the past 10 years

According to Cointelegraph, DefiLlama data shows that there have been 518 hacking incidents in the crypto space over the past 10 years, with total losses exceeding $17 billion, a significant portion of which is related to private key leaks, phishing, and other credential-based attacks.

As smart contract security continues to improve, attackers are increasingly turning to wallet security, signature infrastructure, development tools, and user operations. Recently, the rsETH cross-chain bridge of Kelp DAO was attacked, resulting in approximately 116,500 rsETH being stolen, valued at about $290 million to $293 million at the time.