60 crypto hacks, only 0.8% of funds recovered by victims From May 1 to August 5, 60 aggregated Blockaid attacks resulted in a total loss of $1.18 billion. Most of this money is considered lost because: • Hackers moved funds extremely quickly, with an average time of just 17 minutes after the attack, leaving very little window for intervention. • Only $9.8 million was returned to victims—approximately 0.8%. An additional $81.4 million was frozen but has not yet been returned. • Stablecoin issuers and exchanges recovered zero funds in these incidents. Although 16 cases met the criteria for issuers to freeze hacker wallet addresses, none did so. • 99% of all recovered or frozen funds resulted from protocol- or blockchain-level interventions. Notably, following the KelpDAO incident, Arbitrum froze $71 million.