Can Crypto Ever Lose Its Reputation for Being Prone to Hacks?
Security remains one of the biggest challenges facing crypto’s mainstream image. TRM Labs recorded 207 hacks during the first half of 2026, the highest number it has recorded in any six-month period, although losses of $972 million were less than half the amount stolen in the first half of 2025. Other security researchers have also reported record numbers of incidents, showing that the problem hasn’t disappeared even as the industry develops better security infrastructure. For crypto to gain wider trust, users may eventually expect security standards closer to those seen in traditional financial services. Can the industry realistically shake its reputation for being vulnerable to hacks?
