Q2 2026 Crypto Hacks Result in $812 Million Losses
- Frequent Hacks: In Q2 2026, there were 124 recorded hacking incidents resulting in losses of $812.1 million, with April alone accounting for 38 incidents that caused $648.9 million in damages, representing 80% of the quarter's total losses.
- Concentration of Attacks: Just two major hacks in April, Drift Trade and Kelp, resulted in over $500 million in losses, highlighting the significant impact of a few high-value attacks on overall loss figures.
- Attack Methodology Analysis: Infrastructure failures accounted for 78.8% of total losses, indicating that most financial damages stemmed from failures in access control and management permissions rather than complex smart contract vulnerabilities.
- Loss Distribution by Blockchain: Solana topped the loss chart with $299.2 million, despite having fewer incidents, demonstrating that the impact of a couple of major events can overshadow the overall security of the blockchain.
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Technical Analysis for DRIFT
Technical Sentiment Analysis for Drift (DRIFT). As of , Drift (DRIFT) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 3 indicators are flashing buy, while 2 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 | 0.0131 | 0.0141 | 0.0151 | 0.0161 | 0.0171 | 0.0181 | 0.0191 |
| Fibonacci | 0.0141 | 0.0149 | 0.0154 | 0.0161 | 0.0169 | 0.0174 | 0.0181 |
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