{"id":583379,"date":"2026-04-14T10:52:45","date_gmt":"2026-04-14T10:52:45","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/04\/14\/web3-hacks-cost-464m-in-q1-as-phishing-drives-majority-of-losses-hacken\/"},"modified":"2026-04-14T10:52:45","modified_gmt":"2026-04-14T10:52:45","slug":"web3-hacks-cost-464m-in-q1-as-phishing-drives-majority-of-losses-hacken","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/04\/14\/web3-hacks-cost-464m-in-q1-as-phishing-drives-majority-of-losses-hacken\/","title":{"rendered":"Web3 hacks cost $464M in Q1 as phishing drives majority of losses: Hacken"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDQvMDE5ZDhiMTUtMjYzZC03ODYwLWI3YTgtMTZiODkyOTlmMDc1LmpwZw==.jpg\" alt=\"Web3 hacks cost $464M in Q1 as phishing drives majority of losses: Hacken\" class=\"type:primaryImage\" \/><\/p>\n<p>Hacken\u2019s Q1 2026 report finds $464.5 million lost across 43 incidents, with phishing, legacy code bugs and key compromises driving losses as regulators tighten security demands.<\/p>\n<p>Web3 projects lost $464.5 million to hacks and scams in the first quarter of 2026, while multi-billion-dollar \u201cmega hacks\u201d gave way to a larger number of mid-sized incidents, according to blockchain security company Hacken.<\/p>\n<p>According to Hacken\u2019s Q1 2026 <a title=\"https:\/\/hacken.io\/insights\/q1-2026-security-report\/\" href=\"https:\/\/hacken.io\/insights\/q1-2026-security-report\/\" target=\"_blank\" rel=\"nofollow noopener\">report<\/a>, phishing and social engineering attacks dominated the period, accounting for $306 million in losses in a quarter that saw 43 incidents overall. A single $282 million hardware wallet scam in January was responsible for 81% of the quarter\u2019s damage.<\/p>\n<p>Smart contract exploits totaled $86.2 million, with access control failures, including compromised keys and cloud services, driving an additional $71.9 million in losses.<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/web3-hacks-cost-464-million-in-q1-hacken\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Hacken\u2019s Q1 2026 report finds $464.5 million lost across 43 incidents, with phishing, legacy code bugs and key compromises driving losses as regulators tighten security demands. Web3 projects lost $464.5 million to hacks and scams in the first quarter of 2026, while multi-billion-dollar \u201cmega hacks\u201d gave way to a larger number of mid-sized incidents, according [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":583380,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-583379","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/583379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=583379"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/583379\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/583380"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=583379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=583379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=583379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}