Crypto Hacks Inflict $127M Losses in September, Down 22% from August

Blockchain security company PeckShield reports that in September 2025, crypto hacks cost $127.06 million in losses. Although there were still about 20 significant exploits reported throughout the sector, the amount represents a 22% drop from August’s $163 million. According to the data, approximately two-thirds of the losses in September were caused by UXLINK and SwissBorg alone, with the majority of the losses being concentrated in a small number of significant occurrences. The biggest attack of the month cost the blockchain-based social networking site UXLINK $44.14 million. UXLINK saw a 90% token fall after the hack, in which the hacker used its multisig wallet to manufacture about 10 trillion unauthorised tokens.