Crypto Hacks Surge 15% in August, $163M Stolen
- Lyla Velez
- September 1, 2025
- News
- 0 Comments
- Main event includes theft from Bitcoin wallets and exchanges.
- $91.4 million was stolen from Bitcoin wallets alone.
- Exchanges and DeFi platforms faced breaches with ongoing security issues.
Crypto hacks rose by 15% in August 2025, causing $163 million in losses across major exchanges and DeFi platforms.
August 2025 Surge in Crypto Hacks
In August 2025, there was a surge in crypto hacks, with 16 incidents and $163 million stolen. The largest loss stemmed from multiple Bitcoin wallets, totaling $91.4 million.
Key players involved include exchanges like BtcTurk and protocols such as BetterBank. Cyvers Alerts detected thefts across multiple blockchain networks.
The immediate effects include increased scrutiny on exchanges and DeFi platforms. Institutional trust may continue to dwindle, affecting crypto adoption. “Each hack erodes trust, delays adoption, and pressures regulators to enforce stricter rules,” – Crypto Industry Experts said.
Crypto experts highlight regulatory pressures and security risks. The focus is now on enhancing security protocols across blockchain networks.
Previous trends and analysis suggest potential regulatory changes in response to increased hacks. Authorities may push for tighter security and reporting standards to protect market integrity.
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