The monthly losses from crypto hacks and scams in February have dropped to the lowest level since March 2025, with $26.5 million stolen. Only two incidents accounted for most of the month's losses, including a $10 million theft from YieldBlox’s DAO-managed lending pool via a price manipulation attack on Feb. 21. The second-largest theft was from the decentralized identity protocol IoTeX, which lost about $8.9 million due to a private key exploit. The total of February's losses was a 69.2% decrease from January, which saw over $86 million in losses. The decline could also reflect tighter risk controls, stronger counterparty standards, and improved real-time monitoring across major venues.