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But we saved everything 🙂.
Frank Chaparro reports that, according to DeFiLlama’s hack database, decentralized finance (DeFi) exploits reached a record of 92 incidents in the second quarter of 2026.
This spike highlights the ongoing security challenges facing the DeFi sector as it continues to develop rapidly.
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Traditional financial institutions have also expanded digital asset initiatives in recent months. Bank of America appointed Sonali Theisen to oversee its global digital assets platform, with a focus on blockchain and tokenized deposits, according to a previous report. Wells Fargo plans to launch tokenized deposits for corporate clients this fall to allow 24/7 settlements, as detailed in another recent article.