Important collection restaurants
Augustus saw $ 163 million stolen from crypto users and fairs, with large infringements such as a 783 BTC portion of hack and repeated attacks on BTCTurk that emphasized the growing refinement in cyber crime.
Crypto users and exchanges were confronted with a turbulent month, with blockchain security company Peckshield report A total of $ 163 million in stolen assets.
August – The deadliest month for Crypto?
August turned out to be another turbulent month for the crypto space, with losses that accumulate over fairs, defi protocols and individual portfolios.
The most important single loss took place on August 19, when a Bitcoin holder became the victim of a social engineering attack.
The attackers posed as support agents for a hardware pallet and misled the user to reveal his references.
This led to a transfer of 783 BTC (worth $ 91.4 million) to the criminals, who quickly threw the funds through Wasabi Wallet, a privacy -oriented tool that was often used to hide transaction paths.
The biggest crypto exchange of Turkey, BTCTurk, was confronted and reported a theft of $ 48-54 million after Hackers joined hot-wallet tests.
Other attacks and exploits
Other remarkable incidents include a loss of $ 7 million at Odin • Fun, $ 5 million empty from Betterbank.io and an exploit of $ 4.5 million on Credix Finance.
Betterbank’s PulSechain protocol was specific intended Via his bonus coin system, where attackers created fake -readidity pools to harvest unlimited rewards.
Despite warnings from the Auditor Zokyo, the team ignored them, which caused a partial loss that the attackers returned later, causing the line between a hack and a so -called “white hat” event faded.
This episode exposed the risks of ignored audits, defective Defi designs and incorrectly aligned incentives, which shows that even strongly promoted protocols can crumble under human maladministration.
Moreover, the Credix -Hack escalated when the attackers turned it into what seemed to be an exit welder.
The attackers initially agreed to return the stolen funds.
But they ultimately sent the assets through Tornado -Contant money, a mixing service designed to anonymize blockchain transactions.
Physical attacks on crypto holders, however, remained rare, with only one reported incident in Paris.
Kidnappers grabbed a former trader for a ransom of € 10,000, but later released him, leaving face injuries behind.
What is more?
These losses in August will follow a steep upward trend in crypto-related hacks, with July already to see An increase of 27% from June.
All in all, the first half of 2025 underlines a grim reality for the crypto industry, with more than $ 2.3 billion lost to hacks.
This total also includes massive incidents such as the Bybit infringement and the $ 225 million CETUS Protocol Exploit.
According to Peckshield, only wallet -infringements have cost users $ 1.7 billion in 34 incidents this year.
Analysts suggest that rising crypto prices, with Bitcoin who act consistently above $ 100,000, may stimulate attackers.
Although security teams the efforts to bring about the vulnerabilities, intensify, threats continue to grow.
That is why it is clear that the rapid growth of the crypto sector is matched by an equally aggressive and evolving Gulf of Cyber Districts.
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