- Immunefi CEO warns 80% of hacked crypto projects don’t recover.
- Experts see major operational and trust issues exposed.
- Prevention, recovery plans crucial for project resilience.
Immunefi CEO Mitchell Amador highlighted that nearly 80% of crypto projects hit by major hacks struggle to recover, citing operational and trust issues as key barriers to recovery.
This underscores the critical need for effective incident response plans, with delays often worsening financial and reputational damage across the crypto sector.
80% Hacks Damage Crypto Operations Beyond Repair
Mitchell Amador claimed that many crypto projects fail to recover post-hack. This issue stems from the lack of comprehensive security plans, leading to operational and trust collapse. Mitchell Amador, CEO, Immunefi, “nearly 80% of crypto projects experiencing major hacks never fully recover due to operational and trust breakdowns during response.” Immunefi’s analysis shows absence of incident response exacerbates losses.
Project resilience suffers as abrupt operational halts amplify concerns. Protocols fear reputational damage, creating hesitation. Amador highlighted, without communication, panic can worsen. Improving operational readiness is essential.
The community’s response emphasizes security inadequacies. In interviews, Amador notes enhancements in audits and verification processes. He predicts 2026 would see enhanced security standards due to improved on-chain monitoring.
Record $3.4B Crypto Losses in Hacks by 2025
Did you know? Cryptocurrency projects are witnessing record exploit volumes. The 2025 figure stands at 3.40 billion dollars lost through breaches, underscoring heightened vulnerability reminiscent of 2022’s peak levels.
As of January 18, 2026, CoinMarketCap reports TrueFi (TRU) has a market cap of 14.02 million USD, with a current price of 0.01 USD. Despite a 22.80% growth over 30 days, TRU’s price fell 53.40% over 90 days.
TrueFi(TRU), daily chart, screenshot on CoinMarketCap at 11:38 UTC on January 18, 2026. Source: CoinMarketCapCoincu research indicates that technological enhancements could reduce hack frequencies. Continued regulatory vigilance aids in enforcing robust security practices. Historical data reveal consistent hack incidents, urging for stringent preventive mechanisms. Moreover, the Bug Bounty Court initiative is helping to regulate challenges within the DeFi space.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/blockchain/immunefi-80-crypto-hack-recovery/
