The crypto industry recorded 50 major hacks in August 2026, up 67% from 30 incidents in July, while total losses fell 49.5% month over month to $136.3 million from $270 million, according to the source data.
Tectonic.cro accounted for the biggest August loss at about $74 million, making it the fourth-largest crypto theft of the year to date. The exploiter bridged out about $6 million to Ethereum before Cronos paused the chain, leaving most of the stolen funds stuck on Cronos. The source said the attacker has since begun laundering funds and has bridged roughly $200,000 to BTC so far.
Other major August hacks listed were Moonwell at $8.7 million, Termlabs at $8.5 million, Coinsbuy at $7.9 million, TAC at $7.5 million, Injective at $4.8 million, MANTRA at $3.6 million, BounceBit at $3 million, Cosmos Labs at $2.87 million, and aquifer at $2.47 million.
August Crypto Hacks Hit 50 Incidents as Losses Total $136.3 Million
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.