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October 21, 2026 12:51 am
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Crypto hacking losses totaled about $1.18 billion from January through August this year, while only $9.8 million was recovered, leaving the recovery rate below 1%, according to blockchain security firm Blockaid.
All recovered funds were frozen or returned through action by onchain governance systems or network validators, Blockaid said. By contrast, there was not a single case of funds being recovered through stablecoin issuers’ blacklist functions.