June Security Nightmare: Over 20 Crypto Projects Hacked in a Month
The number of crypto project hacks in June 2026 has exceeded 20 incidents, and this figure continues to grow. The latest victim is the Taiko project, an Ethereum-compatible rollup that lost approximately $1.7 million due to a vulnerability in the network state verification mechanism. The attack targeted the platform's bridges, which traditionally remain one of the weakest links in DeFi infrastructure.
Taiko Under Attack: Incident Details
In the morning, security specialists from Blockaid detected an ongoing attack on Taiko's bridges. The project team promptly confirmed the incident in a security report and stated that the platform's bridges are no longer considered secure. According to the analytical platform Lookonchain, the attacker has already begun withdrawing funds: 1.99 million TAIKO tokens (approximately $189,000) were sent from the wallet to the MEXC exchange. The hacker's address still holds 870.8 ETH — nearly $1.52 million.
Taiko is working with the Security Council and ecosystem partners to contain the incident. The team does not rule out technical and legal measures against the hacker and has also asked centralized exchanges to freeze the deposit of TAIKO tokens until further notice. Users are strongly advised to urgently withdraw funds from all bridges deployed on Taiko.
Hack Statistics: A Worrying Trend
According to DefiLlama data, more than 20 crypto project hacks have been recorded in the industry since the beginning of June. Bridges, as in previous years, remain the primary target for hackers: 2026 is no exception. The attackers' public addresses have already been published, allowing fund movements to be tracked. The fate of the stolen assets largely depends on how quickly crypto exchanges can block the flagged wallets.
Expert Opinion: The June wave of hacks is not a coincidence but a natural result of insufficient attention to bridge and smart contract security during the development phase. Projects need to implement multi-layered audit and monitoring systems; otherwise, we risk seeing a repeat of the 2022-2023 scenarios, where bridge vulnerabilities led to losses of hundreds of millions of dollars. The market must learn from its mistakes, but judging by the statistics, the lessons are being absorbed slowly.