Crypto Sector Sets Record with 83 Breaches and $775 Million Stolen in Q2 2026
- Surge in Security Breaches: According to DeFiLlama data, the second quarter of 2026 saw a record 83 security breaches in the crypto sector, doubling the previous quarterly high, indicating an escalating security challenge for the industry.
- Loss Analysis: While the total theft for the quarter was approximately $775 million, significantly lower than the $3.56 billion record set in Q4 2020, this figure still underscores the sector's vulnerability and ongoing risks.
- Impact of Major Incidents: The losses from KelpDAO and Drift Protocol, amounting to $293 million and $280 million respectively, accounted for 75% of the total losses this quarter, highlighting the profound impact of a few major events on the overall security landscape.
- Changing Attack Patterns: The frequency of attacks increased significantly, with 58, 60, and 25 incidents reported in April, May, and June respectively, indicating a shift towards more frequent, smaller-scale attacks rather than single large-scale hacks.
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Technical Analysis for DRIFT
Technical Sentiment Analysis for Drift (DRIFT). As of , Drift (DRIFT) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for DRIFT stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, DRIFT is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Drift (DRIFT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00723 | 0.0114 | 0.0143 | 0.0185 | 0.0214 | 0.0256 | 0.0285 |
| Fibonacci | 0.0114 | 0.0141 | 0.0158 | 0.0185 | 0.0212 | 0.0229 | 0.0256 |
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