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Crypto hacks surge 67% to 50 August incidents, causing $136.3 million losses

  • PeckShield reported 50 crypto-hacking incidents in August.
  • August losses totaled $136.3 million after incidents increased 67%.
  • Tectonic accounted for about $74 million, while losses fell 49.5% from July.

Crypto hacks rose 67% to 50 incidents in August, generating total losses of $136.3 million, according to PeckShield. Tectonic accounted for about $74 million of the exploits. Despite the increase in incident count, aggregate monthly losses fell 49.5% from July.

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