Woofun AI notes that Dragonfly General Partner Haseeb Qureshi argues the anticipated AI-driven DeFi "hacker doomsday" has not materialized. Although hacking incidents reached record highs in 2026, the median loss per attack declined to below $500,000, a sharp decrease from over $2 million in 2025. Qureshi observes that AI-assisted attackers primarily target small protocols with weak security, while large DeFi platforms have strengthened their defenses. Excluding the 2025 Bybit hack and major 2026 incidents involving KelpDAO and Drift Protocol, average monthly theft amounts remain lower than the previous year.

CertiK reported that crypto industry hacking losses in the first half of 2026 fell 46.8% year-on-year to $1.32 billion.

However, the firm cautioned that this decline does not necessarily reflect improved security, noting that last year's figures were skewed by the $1.4 billion Bybit hack.

Additionally, over 70% of Q2 2026 losses originated from the KelpDAO and Drift Protocol attacks, which are widely attributed to a North Korean hacker group.