According to CoinMeta, Lorenzo Valente, the head of digital asset research at Ark Investment Management, stated that as of 2026, crypto hackers have stolen approximately $8.7 billion, exceeding the industry's estimated annual on-chain revenue of $5.6 billion. Since 2017, for every $1 in on-chain revenue stolen by hackers, they have incurred a loss of $0.57. Valente pointed out that security is a bottleneck for the industry, and it is expected that by the end of the year, losses caused by hackers will exceed on-chain revenue for the first time.