BTC—ETH—

Incident All ledgers

StakeHound / Fireblocks: $72.0m

StakeHound / Fireblocks lost $72.0m on 21 June 2021. Ranked 55th of 1,272 crypto failures, with method, returned funds and comparable incidents.

Date
21 June 2021
Lost
$72.0m
Returned or repaid
None recorded
Target
DeFi Protocol
Category
Key Compromise
Method
Key Brute Forced
Chains
Ethereum

StakeHound permanently lost access to 38,178 ETH (about $72 million) after key shards in a 3-of-4 threshold signature setup were lost in a March 2021 machine failure at custodian Fireblocks, and no working backup or disaster recovery existed.

Against the ledger

Closest in size by the same method

DateTargetLostTypeMethodReturned
23 Jan 2025Phemex$85.0mCEXHot Wallet Key Compromised—
11 Dec 2021AscenDEX$77.0mCEXHot Wallet Key Compromised—
02 Aug 2016Bitfinex$72.0mCEXHot Wallet Key Compromised—
26 Jul 2023AlphaPo$60.0mCEXHot Wallet Key Compromised—
14 Sept 2018Zaif$60.0mCEXHot Wallet Key Compromised—

All failures in 2021 · The failures ledger

Amounts are DefiLlama’s estimates and can change as incidents are revalued. Its returned figure can include money a company repaid itself, not only funds recovered from attackers. Source: DefiLlama.

Cite this Bitminer.io, “StakeHound / Fireblocks, failures ledger”, data to 2 November 2026, https://bitminer.io/ledger/incident/stakehound-fireblocks-2021-06-21/. How this is built