August Crypto Losses Surge to $163 Million; Bitcoin Holders Hit with Major Theft

Cryptocurrency theft reached a new high in August 2025, with losses exceeding $163 million according to recent data from Cointelegraph. This represents a significant increase of 15% compared to the previous month, but still falls behind the $347 million lost in August 2024. The surge is attributed to several major incidents targeting both individual investors and large platforms like BTCTurk.