In July 2025, the cryptocurrency sector experienced approximately 17 major hacks, resulting in total losses of $142 million, marking a 27.2% increase from June's $111.6 million. Among the notable incidents, the GMX exploiter returned approximately $40.5 million worth of cryptocurrencies, including 10,000 ETH and 10.5 million FRAX. The top five hacks of the month included CoinDCX with $44.2 million in losses, GMX with $42 million (recovered), BigONE exchange with $28 million, WOOX with $12 million, and Future Protocol with $4.2 million.