Crypto Hackers Steal Over $163 Million in August: PeckShield Report

A recent report from blockchain security firm PeckShield reveals a disturbing trend of cryptocurrency hacks, resulting in over $163 million lost during August 2025. The losses highlight the vulnerability of digital assets to cyberattacks, with major exchanges like BtcTurk again being targeted. This comes after BtcTurk experienced another significant breach in June 2024, totaling over $100 million in losses. PeckShield data indicates that hackers stole an impressive $142 million across 17 prominent incidents last month, representing a 27.2% increase compared to the previous June.