Incentive

Bloody November: Over $700M affected in two weeks 🩸

@redacted_money It is 💜

P R I V A C Y I S F R E E D O M

Final day at Paris Blockchain Week. 🇫🇷 We build for the part of crypto nobody pitches: recovery. The largest crypto bankruptcy in history now has a live secondary market — @terraclaim. Come find us at Carrousel du Louvre. #PBW2026

DeFi's attack surface has shifted from code to people, infrastructure, and interconnected risk. We publish these reports because understanding where value breaks is the foundation of everything we build at Incentive. Full Q1 data sourced from DeFi Llama, PeckShield, CertiK, Halborn, and Chainalysis.

Q1 2025: $1.58B stolen (Bybit alone was $1.4B) Q1 2026: $168.6M stolen (pure DeFi) That's an 89% decline year-over-year, but include phishing + social engineering: ~$450M across 145+ incidents. The protocols got harder to crack. So attackers went after the people instead.

🧵 Incentive Q1 2026 DeFi Hack Report 34 protocols exploited. $168.6M drained. And a nation-state operation that took six months to set up. Q1 2026 was down 89% from Q1 2025, but the attacks that landed were far more sophisticated. Here's what happened and what it means 👇

The largest crypto bankruptcy in history. Now there's a marketplace for it. Follow @terraclaim

@redacted_money Oh this is big

Most people don't read 50-page government reports. But when the U.S. Treasury publishes their position on crypto privacy, you read it.

BREAKING: Terraform's administrator just sued Jane Street for insider trading that allegedly accelerated the $40B Terra collapse. First Jump Trading. Now Jane Street. They're going after the firms that profited while you lost everything. 👇

16,638+ Terra $LUNA victims are still waiting to get money back. By connecting verified buyers and sellers on our marketplace, we’re giving Terra claim holders immediate liquidity instead of waiting years for distribution. Follow @terraclaim and be first in line when we launch.

@redacted_money Building Lunatic's way out 🌎🤝

@IncentiveFi 👀

$100B gone in 72 hours. Almost 4 years of silence. No distribution. No timeline. No options. We were there when it collapsed. Now we're building the way out. 🌕

Something is coming...

@redacted_money 👀

A future where every asset moves privately — across every interaction in DeFi. That future is close. Audit in progress.