JAKARTA - The value of crypto assets lost due to hacking throughout the first half of 2026 almost touched 1 billion US dollars. Based on data from DeFiLlama, at least 127 security incidents caused losses of around 947 million US dollars from January to June 2026. This condition shows that the pattern of attacks on the blockchain ecosystem is developing more complex, so that the security system is considered to need novelty in facing threats that continue to evolve.
The complexity of the threat is reflected in two hacking incidents in April 2026 that hit Drift Protocol and KelpDAO with a total loss of around 577 million US dollars. TRM Labs' report notes that both incidents accounted for about 76 percent of the total value of crypto assets stolen until April 2026. Despite using different methods, both attacks show that perpetrators are no longer just exploiting loopholes in the code, but also attacking blockchain infrastructure, as well as exploiting human procrastination through social engineering operations.
In the midst of this increasing threat, artificial intelligence (AI) technology is beginning to be used as a potential new solution in blockchain security. Unlike traditional audit processes that are carried out periodically, AI allows for a faster smart contract analysis process and risk monitoring (continuous monitoring), so that various potential vulnerabilities can be identified before they develop into larger incidents.
INDODAX CEO, William Sutanto, assessed that the development of AI opens up opportunities for the crypto and blockchain industry to strengthen the security system more proactively.
"What has changed now is not only the number of attacks that occur, but also the level of complexity. Cyber criminals are increasingly organized and use various methods that are difficult to detect with conventional approaches. Therefore, security systems must also be able to adapt faster, and AI is one of the technologies that have great potential to support these efforts," said William, in his statement, Wednesday, July 1.
The use of AI has begun to be implemented by a number of technology companies, such as Frosty developed by Coinbase and Mythos from Anthropic. In addition to accelerating internal audits and smart contract analysis, this technology is also capable of performing on-chain analysis, monitoring changes in protocol behavior, and identifying unnatural transaction activities in real-time so that potential threats can be detected earlier.
However, William emphasized that AI is not a single solution to all security threats in the digital and crypto asset industry.
"AI acts as a resource multiplier that accelerates technical detection. However, blockchain security is still an ecosystem with layered protection. The foundation lies in regulated governance, independent audits, strict access management, awareness at the user level, including KYC and security hygiene, and competent human resources in making the right decisions. Because, no matter how advanced the technology is, it still requires competence, integrity, and human judgement behind it," he added.
According to William, the added value of AI today is not only in its ability to accelerate the analysis process, but also in its ability to continuously monitor risks. This approach allows industry players to detect potential threats earlier while accelerating the mitigation process before it develops into a larger incident.
"In the future, the size of blockchain security will no longer be determined by how often a system is audited, but also by how quickly the system is able to detect, analyze, and respond to evolving threats. This is where AI begins to take an increasingly important role as a support for a more adaptive security system," he concluded.
As a licensed Indonesian crypto exchange, INDODAX is committed to continue strengthening security standards through the application of technology, governance, and security education to the public. One of the efforts is carried out through cooperation with Chainalysis to strengthen the ability to monitor on-chain activities, risk management, compliance systems. This step is expected to encourage the improvement of security standards for the national crypto asset industry while strengthening protection for all users.
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