New data from the cybersecurity firm PeckShield shows crypto hackers made off with more than $163 million in illicit gains last month.
In a new post on X, PeckShield says that crypto hackers stole $21 million more in August than in July, after executing 16 major security breaches – with the top five totaling $161 million alone.
“In August 2025, ~16 major crypto exploits were recorded, resulting in total losses of $163 million – a 15% increase from July’s $142 million.
Notably, BtcTurk suffered its second major breach in just over a year, losing over $50 million after a $54 million hack in June 2024, bringing their total losses to over $100 million.
Top five hacks in August 2025:
In the case of last month’s Turkish crypto exchange platform BtcTurk hack, criminals made off with about $39 million of Ethereum (ETH), the second-largest cryptocurrency by market cap.
Other notable digital assets stolen include $4.3 million worth of layer-1 blockchain Avalanche (AVAX), $1.9 million worth of the layer-2 scaling solutions Arbitrum (ARB), as well as $1.2 million worth of fellow layer-2 Optimism (OP).
In the June 2024 BtcTurk hack, pseudonymous on-chain investigator ZachXBT said the suspected perpetrator moved $54.2 million worth of Avalanche and then withdrew over $46 million worth of Bitcoin (BTC) from Coinbase and Binance.
The crypto analytics platform Chainalysis found in July that hackers have already stolen more money in 2025 than the entirety of 2024.
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