The post Why crypto hacks don’t end and continue even when the money is gone appeared on BitcoinEthereumNews.com.

A crypto hack never ends when the wallet is drained. The theft lands first, fast and visible, and then a slower collapse starts to work through the rest of the project. The token keeps sliding, the treasury shrinks with it, hiring plans get cut back, product deadlines move, partners pull away, and the company that was supposed to recover spends months fighting for credibility instead of building. That’s the picture Immunefi’s new “State of Onchain Security 2026” report paints. Its argument is simple enough for any market, crypto or otherwise: the initial loss is only one part of the damage. The much bigger problem comes from what the exploit does to a project’s future. Immunefi says the average direct theft in its sample came to about $25 million, while hacked tokens saw a median six-month decline of 61%. In that window, 84% failed to recover to their hack-day price, and teams lost at least three months of progress to recovery work. But those numbers come with caveats. Token prices fall for many reasons, and hacked projects are often fragile before an exploit hits. Some are illiquid, overvalued, or already losing momentum. Immunefi acknowledged that it can’t always fully separate hack damage from broader market weakness or project-specific troubles. Even so, the pattern it lays out deserves attention because it shows that hacks don’t behave like isolated thefts anymore, and they now look like long-tail corporate crises. That’s what gives weight to the report: it shows how often the post-hack period keeps inflicting damage well after the headline fades. The median hack might have gotten smaller, but the worst ones got more dangerous Immunefi counted 191 hacks across 2024 and 2025, totaling $4.67 billion and bringing its five-year total to 425 hacks and $11.9 billion in losses. The yearly count barely…

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Filed under: News - @ March 22, 2026 8:26 pm