Cryptocurrency losses in 2026 January go up to $370 million
Losses highest in 11 months: 💥💥🔥🔥🚀🚀
Crypto losses rose to $370.3 million in January 2026, the highest in 11 months.
Phishing resulted in $284M loss: Phishing scams were responsible for $311.3 million of total losses.
On, Chain Exploits: Step Finance ($28.9M) and Truebit ($26.4M) were targeted in major hacks.
Details of losses
Phishing scams: $311.3 millionOn, Chain Exploits: $86 million (16 hacks)Total Losses: $370.3 million Major hack news
Step Finance: $28.9 million was lost due to compromised treasury walletsTruebit: $26.4 million was lost due to a flaw in a smart contractOther Hacks: SwapNet ($13.3M) and Saga network ($7M)Concerns about Crypto Crime
Unprecedented Illicit Activity: Crypto, related crime hits record $154 billion in 2025 (Chainalysis)Phishing Scams: US prosecutors have charged a 23, year, old with stealing $16 million from Coinbase users through phishing and social engineering.
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