Crypto Hacks Hit $75.9M in June as Small-Project Thefts Surge

The average loss per event hovered around $1.9 million, a figure pulled higher by the Humanity Protocol incident. Without it, the typical June exploit fell closer to $1.1 million. The pattern concentrates on smaller custody weak points rather than exchange infrastructure.

For traders, the calculus is direct. Holding tokens on small DeFi protocols exposes the principal to exploit risk that token appreciation has to offset. Insurance wrappers and audited private key infrastructure narrow the gap. They do not close it. The $75.9 million June figure is small relative to peak 2021 or 2022 months. The frequency of sub-$2 million thefts is running above the 2023 average, a shift that puts attacker attention on projects with thinner security teams and smaller budgets.

The 7.1% drop from May to June is the narrowest monthly decline in 2025. April to May fell 22%. PeckShield's data tracks an attack surface that is not shrinking. The targets are shifting toward smaller security setups.

PeckShield's next monthly report, covering July activity, is expected in early August. The July data will show whether the pace of small-project attacks is continuing at the June cadence.