Gate Crypto Flash News and Market Updates

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2026-04-14
09:31

In Q1 2026, Web3 projects suffered losses of over $460 million from hacks and scams, with phishing attacks leading the way.

Hacken’s report shows that in the first quarter of 2026, Web3 projects lost $464.5 million due to hacker attacks and scams, with phishing and social engineering attacks accounting for $306 million in losses. In addition, hardware wallet scams accounted for the bulk of the losses. Moreover, losses were also significant due to smart contract vulnerabilities and access control failures. In terms of regulation, the European legal framework has increased security monitoring requirements.
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