In August 2025, the cryptocurrency sector experienced approximately 16 major exploits, resulting in total losses of $163 million, marking a 15% increase from July's $142 million. Among the most significant breaches, BTC Turk suffered its second major hack in just over a year, losing over $50 million. This follows a $54 million hack in June 2024, bringing the platform's total losses to over $100 million.
The top five hacks in August included a $91.4 million loss by a Bitcoin holder, BTC Turk's $54 million breach, ODIN•FUN's $7 million loss, BetterBank.io's $5 million exploit, and CrediX Finance's $4.5 million incident. These events highlight the ongoing vulnerabilities within the crypto industry, emphasizing the need for enhanced security measures.
Crypto Exploits Surge in August 2025 with $163M in Losses
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