June 2026: A wave of hacks hits the crypto industry — over 20 incidents recorded
June 2026 is becoming one of the "hottest" months for crypto industry security. More than 20 successful attacks on various projects have been recorded so far. The latest and most high-profile case is the hack of the Taiko project bridge, which led to the loss of funds totaling approximately $1.7 million.
Attack on Taiko: Incident Details
The Taiko project, an Ethereum-compatible rollup, faced an exploitation of a vulnerability in the network state verification mechanism. The attack was identified by Blockaid analysts, after which the Taiko team officially confirmed the incident and warned users about the unreliability of all platform bridges.
According to on-chain analytics from Lookonchain, the attacker has already begun withdrawing stolen funds. From the attacked wallet, 1.99 million TAIKO tokens (approximately $189,000) were sent to the MEXC exchange. Currently, the hacker'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. The project does not rule out applying technical and legal measures against the hacker. Additionally, developers have asked centralized exchanges to freeze the deposit of TAIKO tokens until further notice.
"We strongly recommend urgently withdrawing funds from all bridges deployed on Taiko," the project team stated.
Four attacker addresses have been published for tracking fund movements:
- 0x7506DeA0c38ca0B55364B22424374c5A1ae1B76a
- 0x5fbc60a12bc6635e7d587d8dac52e4b1388b4990
- 0x3cc936b795a188f0e246cbb2d74c5bd190aecf18
- 0x9108828e30f2de407aadb0af677b4a9228e4acd4
June Hack Statistics
Bridges traditionally remain one of the most costly vulnerabilities in the cryptocurrency industry, and 2026 is no exception. According to the DefiLlama aggregator, more than 20 crypto project hacks have been recorded since the beginning of June. This wave of attacks demonstrates that cross-chain infrastructure security continues to be the ecosystem's "Achilles' heel."
The public addresses of the attackers allow tracking services to monitor fund movements. The fate of the stolen assets largely depends on how quickly crypto exchanges can block the flagged wallets.
Expert opinion: The current situation is a warning signal for the entire industry. The increase in attacks on bridges and L2 solutions points to systemic problems in security architecture. Projects need to reconsider their approaches to auditing and monitoring, otherwise we risk seeing a repeat of the 2022 scenarios, when similar vulnerabilities led to multi-billion dollar losses.