Beyond Licensing: CertiK Highlights Digital Asset Security Risks and Institutional Needs in the UAE

DUBAI, UAE, November 7, 2026 — CertiK ‘s research identified five digital asset security incidents in 2026 that originated in the UAE or involved UAE-registered entities. Four of these incidents resulted in approximately $8.02 million in documented losses, while a confirmed loss figure for the fifth was not available in the research. Due to reporting and attribution limitations, the actual number of incidents and total losses may be significantly higher. The findings highlight the security and operational challenges facing the UAE’s growing digital asset ecosystem. As financial institutions and digital asset businesses expand their operations, regulatory approval alone cannot eliminate risks related to asset control, smart contract vulnerabilities, and interconnected infrastructure.

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