Cryptocurrency Platforms Lost $3.63 Billion Due to Cyberattacks

Cryptocurrency platforms lost $3.63 billion from January 2025 to July 2026 due to 245 confirmed cybersecurity incidents, according to a report by CoinGecko cited by ForkLog.

The Main Blow to Infrastructure

The most destructive attacks targeted infrastructure and supply chains.

• Type of attack: attacks on infrastructure and supply chains
• Target of attack: centralized and decentralized projects
• Total losses: over $1.8 billion

For a market where cryptocurrency is long perceived not just as a technological experiment but as a full-fledged financial asset, such hacks are particularly sensitive. Vulnerabilities affect not only individual services but also users' trust in storing and transferring funds.

Audit Did Not Guarantee Security

Of the 245 recorded incidents, 147 involved protocols that had undergone audits before being compromised. These audited projects accounted for 88.44% of all stolen capital.

This statistic shows that audits reduce risks but do not eliminate them entirely. For investors, this is an important signal: investments in digital assets require a broader perspective than just potential returns.

• Return assessment
• Technological resilience assessment
• Security risk assessment

Why This Matters for Market Participants

Significant losses in the crypto sector affect the perception of various instruments: from Bitcoin to tokens associated with decentralized protocols. Against the backdrop of such incidents, users increasingly compare cryptocurrency services with traditional financial infrastructure, where securities, stocks, futures, or bank transactions are regulated by more familiar rules.

Large centralized platforms like Coinbase also remain part of this discussion: users are paying closer attention to account protection, fund storage, and the quality of internal procedures. In accounting terms, a digital asset, like any other asset, requires risk accounting, especially if it is linked to external infrastructure.

How Cryptocurrency Platforms Work

A cryptocurrency platform or exchange helps users buy, sell, exchange, and store digital assets. Typically, the process is straightforward: registration, verification, funding the account, placing an order, buying or selling cryptocurrency, and withdrawing funds.

Platforms come in various types, and this affects the level of control over funds and ease of use.

• Centralized platforms handle account management, transaction processing, and storage of part of the infrastructure.
• Decentralized platforms, or DEX, allow assets to be exchanged without a traditional intermediary.
• P2P platforms connect buyers and sellers directly, with the terms of the deal negotiated between the parties.

Such services may have trading fees, deposit fees, and withdrawal fees.

How to Choose a Platform and Assess Reliability

There is no single best cryptocurrency platform for everyone: the choice depends on the user's needs. Before registering, it is worth comparing security, fees, interface convenience, support for necessary currencies, and the quality of customer support.

Among popular cryptocurrency exchanges, Coinbase, Kraken, and Gemini are often considered. These platforms also belong to cryptocurrency exchanges operating in the U.S., where market participants must consider regulatory requirements.

The reliability of a platform is usually assessed by several criteria: licenses, insurance, history of hacks, quality of account protection, and transparency of internal procedures.

Where to Store Cryptocurrency and What Risks to Consider

Storing on an exchange is convenient for quick trading, but the user is more dependent on the platform's protection. A personal wallet provides more control over assets but requires careful storage of keys and attentive security settings.

In addition to cyberattacks, market participants should consider other risks.

• Volatility: the price of cryptocurrency can change sharply in a short time.
• Regulatory risks: rules for digital assets may change and affect access to services.
• Technical failures: errors in the operation of the platform or protocol can hinder transactions with funds.
• Fraud: phishing, fake services, and malicious schemes remain serious threats.
• Loss of access to the wallet: if a user loses keys or login data, recovering assets can be extremely difficult.