August Crypto Hacks Result in $163 Million Losses
In August, the crypto industry suffered losses amounting to $163 million due to hacks. Analysts at PeckShield recorded approximately 16 major attacks.
#PeckShieldAlert In August 2025, ~16 major crypto exploits were recorded, resulting in total losses of $163M—a 15% increase from July’s $142M.
Notably, @btcturk suffered its second major breach in just over a year, losing over $50M after a $54M hack in June 2024., bringing their… pic.twitter.com/JWiWNEDdZW
— PeckShieldAlert (@PeckShieldAlert) September 1,…