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Private keys, not smart contracts, caused 40% of crypto's $16 billion hack losses. Here's whats being done.

CoinDesk· Omkar Godbole· Jun 29, 2026 · 3:45 PM
Private keys, not smart contracts, caused 40% of crypto's $16 billion hack losses. Here's whats being done.

The industry is moving toward fixing the private key vulnerability issue, just not evenly, Wish Wu, co-founder and CEO of Pharos, said.

This is a summary. Read the complete story at CoinDesk below.

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