Security firm Nominis reported that the cryptocurrency industry suffered approximately $49 million in losses due to attacks in February 2026, a significant decrease from January's $385 million. The Solana-based portfolio platform Step Finance was the hardest hit, losing around $30 million, which constituted the majority of the month's losses. The report highlights a shift in attack methods from smart contract vulnerabilities to phishing attacks and malicious wallet authorizations, with individual users being the primary victims.