Truebit

History

2026: Loss of $26m due to hacker attack

On January 8, 2026, hackers attacked the Truebit cryptocurrency platform. As a result of the hack, assets worth more than $26 million were stolen.

The site said in a statement that it had become aware of a security incident "involving one or more intruders." A number of security companies blockchain tracked 8535 ETHs stolen from Trubit for $26.58 million (at the exchange rate as of January 12, 2026).

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Фото: Freepik

We are in touch with law enforcement agencies and are taking all available measures to solve the problem, Truebit said in a statement.

According to available information, the attackers took advantage of a technical vulnerability in one of the old contracts, which allowed the purchase of TRU tokens for almost zero cost. After hacking the site, TRU holders began to massively get rid of the token.

The attack on Truebit was the first breach of the cryptocurrency platform in 2026. According to Chainalysis, in 2025, cryptocurrency assets worth more than $3.4 billion were stolen, of which approximately $2 billion, according to experts, was stolen by hackers associated with North Korea. For comparison, in 2024, the volume of cryptocurrency thefts was estimated at $3.1 billion.

According to Chainalysis, at least $154 billion was transferred to cryptocurrency addresses in 2025, which are controlled by cybercriminals, ransomware groups and organizations under sanctions. The volume of such transactions increased by 162% on an annualized basis. Chainalysis employee Andrew Fierman told Recorded Future News that of the $154 billion, approximately $104 billion was allocated to organizations under sanctions. Cryptocurrency is increasingly becoming a way for countries like North Korea to circumvent sanctions, avoid local hyperinflation and overcome restrictions related to lack of access to traditional banking institutions.^[1]

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