1-9-2025 – Cryptocurrency platforms suffered approximately $163 million in losses during August 2025 across 16 major security exploits, marking a 15% increase from July’s $142 million in stolen funds, according to security tracking data.
The month’s largest incident involved an individual Bitcoin holder losing $91.4 million, while Turkish exchange BTC Turk experienced its second major breach in just over a year, losing $54 million. The latest BTC Turk hack brings the exchange’s total losses to over $100 million, following a $54 million exploit in June 2024. The repeated targeting of the same platform highlights persistent vulnerabilities in exchange security infrastructure.
Other significant breaches included ODIN•FUN losing $7 million, BetterBank.io suffering a $5 million exploit, and CrediX Finance losing $4.5 million. The pattern of attacks demonstrates hackers’ continued focus on both centralized exchanges and decentralized finance protocols, with varying attack vectors across the ecosystem.
