Crypto Incidents

A historical view of major cryptocurrency hacks and insolvencies, combining incident frequency with estimated USD impact over time.

Total incidents

42

28 hacks and 14 insolvencies in the curated history.

Hack losses

$5.16B

Estimated aggregate USD value of tracked hack events.

Insolvency losses

$56.65B

Estimated aggregate balance-sheet holes and default exposures.

Largest event
Terra / Luna

$40.00B

Crypto incident timeline

The history is split into two charts so volume and severity can be read independently without crowding.

Hacks
Insolvencies
Yearly Incident Dataset
YearTypeIncident CountEstimated USD
Jan 1, 2013
Hack
1$1,000,000
Jan 1, 2014
Hack
1$650,000
Jan 1, 2014
Insolvency
1$473,000,000
Jan 1, 2015
Hack
1$5,000,000
Jan 1, 2016
Hack
1$72,000,000
Jan 1, 2017
Hack
2$101,000,000
Jan 1, 2018
Hack
4$650,500,000
Jan 1, 2019
Hack
2$56,000,000
Jan 1, 2019
Insolvency
1$190,000,000
Jan 1, 2020
Hack
1$281,000,000
Jan 1, 2020
Insolvency
1$125,000,000
Jan 1, 2021
Hack
7$1,159,179,000
Jan 1, 2022
Insolvency
7$51,475,000,000
Jan 1, 2023
Hack
2$397,000,000
Jan 1, 2023
Insolvency
3$4,189,000,000
Jan 1, 2024
Hack
2$539,900,000
Jan 1, 2025
Hack
2$1,590,000,000
Jan 1, 2025
Insolvency
1$200,000,000
Jan 1, 2026
Hack
2$302,800,000
Largest recorded events
DateEntityTypeAssetsEstimated USD
May 9, 2022

Terra / Luna

TerraUSD and Luna collapse
Insolvency
UST and LUNA ecosystem value$40,000,000,000
Nov 11, 2022

FTX

FTX bankruptcy
Insolvency
Customer balances across multiple crypto assets$8,000,000,000
Jan 19, 2023

Genesis Global Capital

Genesis bankruptcy
Insolvency
Customer and creditor balances across multiple crypto assets$3,000,000,000
Feb 21, 2025

Bybit

Bybit ether-wallet theft
Hack
Ether wallet holdings$1,500,000,000
Jul 13, 2022

Celsius Network

Celsius Chapter 11 filing
Insolvency
Customer balances across multiple crypto assets$1,200,000,000
May 8, 2023

Bittrex US

Bittrex US Chapter 11 filing
Insolvency
Customer balances across multiple crypto assets$1,000,000,000
Nov 28, 2022

BlockFi

BlockFi Chapter 11 filing
Insolvency
Exposure to Alameda / FTX plus customer balances$680,000,000
Jun 29, 2022

Three Arrows Capital

Three Arrows Capital liquidation
Insolvency
Known default exposure included a 15,250 BTC plus $350M USDC loan to Voyager$665,000,000