Crypto hacks spiked to $142M in July
The post Crypto hacks spiked to $142M in July appeared on BitcoinEthereumNews.com.
Crypto hacks spiked to $142 million in July according to PeckShield data analysis. The monthly total shows 27.2% increase from June’s $111.6 million in losses. Seventeen major security incidents occurred during the trading period consistently. CoinDCX, GMX, and BigONE exchange dominated the monthly hack leaderboard with substantial losses. July hack totals exceed $142M with CoinDCX leading July 2025 witnessed approximately 17 major crypto hacks with a combined loss of $142.16 million. The amount for the month records a 27.2% increase from the $111.6 million stolen in June. Data from PeckShield shows continued security vulnerabilities in cryptocurrency platforms and protocols. CoinDCX was the biggest single hack losing $44.2 million in the month. The hack on the Indian cryptocurrency exchange topped the monthly leaderboard for funds stolen. GMX experienced a $42 million exploit but recovered the stolen cryptocurrency assets later on. #PeckShieldAlert In July 2025, ~17 major crypto hacks were recorded, resulting in total losses of $142M—a 27.2% increase (from $111.6M in June). Notably, the #GMX exploiter has returned ~$40.5M worth of cryptos, including 10K ETH and 10.5M $FRAX.#Top5 Hacks in July 2025:… pic.twitter.com/Y5VLUILq5Z — PeckShieldAlert (@PeckShieldAlert) August 1, 2025 BigONE exchange lost $28 million becoming July’s third-largest hack. WOOX lost $12 million and Future Protocol lost $4.2 million respectively. Five largest hacks accounted for most of the monthly stolen funds. Crypto stolen funds movement analysis shows varied movement patterns on varied platforms. 10,000 tokens worth 10.5 million were moved by hackers to varying destinations like exchanges. Other moves included 1,734 tokens, 500 tokens, and 1,103.3 tokens to varying addresses. The GMX exploiter returned voluntarily about $40.5 million in cryptocurrencies. The recovery included 10,000 ETH and 10.5 million FRAX tokens to protocol. The recovery decreases net monthly losses but indicates repeated security issues. Monthly hacking statistics follow 2025’s trend of rising cases…
Filed under: News - @ August 1, 2025 10:28 am