In August, the cryptography industry underwent losses amounting to $ 163 million due to hacks. Peckshield analysts recorded around 16 major attacks.
#Pecshieldalerlet In August 2025, around 16 major crypto exploits were recorded, resulting in total losses of $ 163 million, an increase of 15% compared to $ 142 million in July.
Notably, @btcturk underwent its second major violation in just over a year, losing more than $ 50 million after a hacking of $ 54 million in June 2024., bringing their… pic.twitter.com/jwiwneddzw
– Peckshieldalert (@pecshieldalert) September 1, 2025
This figure represents an increase of 15% compared to July, when losses reached $ 142 million.
One of the targets of the pirates was the Turkish Crypto Exchange Btcturk. The platform has lost assets worth $ 54 million. This marks the second major violation of the exchange in the past year. In June 2024, the attackers extracted more than $ 50 million BTCTURK.
The biggest incident of the month involved a private Bitcoin investor. The user lost 783 BTC (~ $ 91 million) due to a social engineering attack.
The five main incidents in August also included:
In August, the founder of the Certik professor and Columbia University, Junhui Gu, said that cryptographic industry was engaged in an “endless war” with pirates.
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