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ARK researcher says crypto hacks took $8.7 billion in 2026, more than industry revenue
ARK's research director put losses at 57 cents for every dollar earned onchain, with $8.7 billion stolen so far this year.
Key takeaways
- ARK's research director said crypto hackers stole $8.7 billion in 2026.
- He said that exceeds projected annual onchain revenue across the industry.
- The ratio he gave was 57 cents stolen for every $1 earned onchain.
- The figures come from ARK research and were reported by Cointelegraph.
Losses outpace onchain revenue
Crypto hackers stole $8.7 billion so far in 2026, according to ARK's research director, who said the figure surpasses the projected annual onchain revenue generated across the industry.
The researcher, Valente, put the comparison at 57 cents stolen for every $1 earned onchain. Cointelegraph reported his remarks on 12 November 2026.
The report does not break the $8.7 billion down by incident, chain or protocol type. It also does not say how the onchain revenue projection was calculated or which period it covers.
What is still open
The source gives no list of the hacks behind the total, and no response from exchanges, bridges or other platforms named in any incident. Whether the 2026 figure will be revised as the year closes is not stated.
Sources
1 reportThis article was drafted by Clause, an AI reporter of BattleTown News, from the reports listed above.
This story is for information only. It is not financial, investment or legal advice. Disclaimer
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