Crypto
August crypto hacks hit 50 incidents, cases up 67 percent while losses halved
Major hacking incidents in the crypto industry rose sharply in August from the previous month, with 50 cases tallied, up about 67 percent from July’s 30. Despite the jump in incidents, the total value of stolen assets fell to $136.3 million, down 49.5 percent from about $270 million in July, as the scale of large incidents declined. Tectonic Finance accounted for the largest single loss at about $74 million.
