The crypto industry is once again grappling with a rising wave of security breaches as new data from blockchain security firm PeckShield reveals that hackers drained $86.01 million across 16 separate incidents in January 2026. While the total represents a modest 1.42% decline year-over-year compared to January 2025, it marks a sharp 13.25% increase month-over-month from December’s $75.95 million, signaling that attack activity is accelerating rather than slowing. At the same time, phishing scams continue to devastate users at scale, with losses soaring beyond $300 million in just one month, highlighting a growing divide between protocol security improvements and user-level
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