In January 2026, hackers stole more than $26 million worth of cryptocurrency from the Truebit platform, marking the first major crypto hack of the year. The Delaware-based company, which provides infrastructure for token computations on behalf of other digital assets, became aware of the security incident involving malicious actors. Multiple blockchain security companies tracked 8,535 ETH coins taken from the platform, amounting to $26.44 million in losses. The company immediately urged users not to interact with the affected smart contract and reported the incident to law enforcement. This theft continued a concerning trend from previous years where hackers have stolen billions worth of cryptocurrency from both platforms and individual asset owners. The Truebit incident set the tone for what would become a year of significant DeFi security challenges, despite overall Q1 losses being lower than the previous year due to the absence of a Bybit-scale mega breach.