July 2025 experienced a notable 27% increase in crypto hacking losses, primarily driven by significant breaches at CoinDCX and GMX, underscoring ongoing vulnerabilities in the sector.
In July 2025, cryptocurrency hacks led to losses exceeding $142 million, marking a 27% rise from June. CoinDCX suffered the largest breach at $44 million, while GMX lost approximately $42 million due to a protocol vulnerability. The trend indicates a concerning trajectory of increasing thefts from digital asset services, potentially reaching over $4.3 billion by the end of 2025.