Crypto Hacks Rise for 3rd Consecutive Month
Key Notes
- Crypto hacks registered their third consecutive monthly spike in August.The industry lost over $163 million to fraudulent actors last month.The hacks came along with notable spikes in the market.
August saw the third consecutive rise in monthly crypto hacks as fraudulent actors took action within the market-wide bullish sentiment.
According to an X post by PeckShield, the ecosystem witnessed 16 breaches last month.
#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…
