June 2026 sets anti-records: over 20 crypto project hacks in one month
June 2026 is becoming one of the "hottest" months for the cybersecurity industry in cryptocurrencies. To date, more than 20 successful attacks on various protocols and platforms have been recorded. The latest high-profile victim is the Taiko project, which lost approximately $1.7 million due to an exploited vulnerability in its bridges.
Attack on Taiko: Incident Details
Taiko is an Ethereum-compatible rollup that aggregates transactions and finalizes them on the mainnet. This morning, security experts from Blockaid detected an ongoing attack on the protocol's bridges. Taiko representatives promptly confirmed the incident and stated that all platform bridges are no longer considered secure.
According to on-chain analytics from Lookonchain, the attacker has already begun withdrawing stolen funds. From the hacker's wallet, 1.99 million TAIKO tokens (approximately $189,000) were sent to the MEXC exchange. Currently, the attacker's address holds 870.8 ETH — nearly $1.52 million.
The Taiko team is working in coordination with the Security Council and ecosystem partners to contain the threat. Technical and legal measures against the hacker are also being considered. Developers have asked centralized exchanges to freeze deposits of TAIKO tokens until further notice.
"We strongly urge you to urgently withdraw funds from all bridges deployed on Taiko," wrote project representatives.
The project has published four attacker addresses for tracking fund movements:
- 0x7506DeA0c38ca0B55364B22424374c5A1ae1B76a
- 0x5fbc60a12bc6635e7d587d8dac52e4b1388b4990
- 0x3cc936b795a188f0e246cbb2d74c5bd190aecf18
- 0x9108828e30f2de407aadb0af677b4a9228e4acd4
Bridges — The Achilles' Heel of the Industry
Bridges have traditionally remained one of the most costly and vulnerable entry points for hackers. 2026 is no exception. According to aggregated data from DefiLlama, more than 20 crypto project hacks have been recorded in the industry since the beginning of June. This is an alarming signal indicating systemic security issues with cross-chain solutions.
The fate of the stolen assets largely depends on how quickly crypto exchanges can block the flagged wallets. The public addresses of the attackers allow the community to track fund movements, but the speed of response from centralized platforms remains a critical factor.
My expert opinion: June 2026 demonstrates that the "bridge problem" has not been solved, but merely masked by new technological solutions. Until protocol teams implement a multi-level verification system and formal code checks at the level of mathematical proofs, we will continue to see similar incidents. Investors should reassess their risks when using cross-chain infrastructure.