These Were Biggest Crypto Hacks of August
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Biggest crypto hacks of August Notable increase According to data provided by blockchain security firm PeckShield, roughly $163 million worth of crypto was lost in August to hackers. Overall, a total of 16 cryptocurrency trading platforms were compromised. Biggest crypto hacks of August An anonymous Bitcoin (BTC) holder suffered the biggest cryptocurrency hack of August, suffering a total loss of $91.4 million. Major Turkish exchange BtcTurk, which suffered its second major security breach in a little over a year in August, parted ways with $54 million. As reported by U.Today, Bitcoin-based meme-coin launchpad ODIN•FUN lost $7 million due to a sophisticated price manipulation exploit. BetterBank and CrediX Finance are also in the top 5, losing a total of $5 million and $4.5 million, respectively. Notable increase The total sum of cryptocurrency losses has grown by 15% compared to July (from $142 million to $163 million). As reported by U.Today, Indian exchange CoinDCX endured the biggest cryptocurrency hack of July ($44.2). Source: https://u.today/these-were-biggest-crypto-hacks-of-august
Filed under: News - @ September 1, 2025 6:26 am