Crypto Hacks Surge in August as Losses Top $163 Million
August proved costly for the digital asset industry, with blockchain security firm PeckShieldAlert reporting that hackers stole $163 million across 16 major exploits.
The figure marks a 15% increase from July’s $142 million, highlighting persistent security vulnerabilities within the sector.
According to the breakdown, the five largest incidents accounted for 99% of total losses, underscoring how a handful of high-profile breaches can distort monthly figures. The most severe attack targeted a Bitcoin holder, who lost $91.4 million in a single exploit.
Exchanges and platforms were not spared either. BtcTurk, one of Turkey’s leading trading venues, saw $54 million siphoned in August. This follows a $54 million breach…
