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Markets

Nearly Half of Crypto’s Exploit Losses Came Through Doors Audits Never Cover

Nearly half the money stolen from crypto over the past four years left through doors that a smart-contract audit was never hired to check. That is the finding of a preprint published in June

AnonymousCryptoCompass newsroom
August 9, 2026
1 min read
NEWS
Nearly Half of Crypto’s Exploit Losses Came Through Doors Audits Never Cover
CryptoCompass editorial visual for markets coverage.

Nearly half the money stolen from crypto over the past four years left through doors that a smart-contract audit was never hired to check.

That is the finding of a preprint published in June by Stefan Beyer of Oak Security, which compared 23,818 public audit findings from 22 security firms against 218 incidents catalogued between January 2022 and March 2026, covering an estimated $7.764 billion in losses.

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