Crypto Hacks in August Top $163M

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Written by Nausheen Thusoo Updated:
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Reviewed By Reviewed By Rekha Sharma

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August 2025 saw 16 significant crypto breaches, according to PeckShieldAlert. The total losses reached $163 million, a 15% increase from July. After another serious hack, the Turkish exchange BtcTurk lost more than $50 million. This comes after a $54 million attack in June 2024, which increased its total losses to above $100 million and sparked new worries about the security of the exchange.

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Written by Nausheen Thusoo Multimedia Journalist at Times Crypto

A crypto and finance journalist with over three years of experience turning complex market trends into stories that anyone can understand. With a strong background in covering business, finance, and digital assets, Nausheen has contributed to global media outlets including Reuters and CoinGape. Passionate about the fast-moving world of blockchain and emerging tech, she blends sharp analysis with clear storytelling, making insights valuable for both new readers and seasoned investors.