In January 2026, the cryptocurrency sector experienced 16 hacks resulting in $86.01 million in losses, according to PeckShield. This marks a slight 1.42% decrease compared to January 2025's $87.25 million but a significant 13.25% increase from December 2025's $75.95 million. Phishing attacks continue to be a major concern, with losses surpassing $300 million. The top five hacks of the month included Step Finance with $28.9 million, Truebit Protocol at $26.4 million, SwapNet with $13.3 million, Sagaxyz at $7 million, and Makinafi with $4.13 million, of which $2.7 million was recovered.