Crypto losses to hacks exceed $313M in August
The two largest phishing attacks together made up 93.5% of the total stolen funds, amounting to $293.4 million.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The two largest phishing attacks together made up 93.5% of the total stolen funds, amounting to $293.4 million.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Crypto Hacks: Three Projects Hacked in One Day as Losses Hit Over $11M
Three crypto projects were attacked on September 24, suffering combined losses of more than $11M. Attackers drained around $1.8M f...
Bitget’s hack just got $36 million bigger, and now there’s a bounty on the stolen crypto
Bitget has raised the estimated value of assets taken in its Sept. 24 breach to $387.5 million as exchanges and security firms mob...
Bitget freezes XRP withdrawals as 27M stolen tokens move
Bitget’s XRP withdrawal route was still disabled on Sept. 26, even as the exchange set Oct. 2 at 08:00 UTC for the last phase of i...
Washington has $114 billion reasons to want Tether around
Not that long ago, Washington fined Tether for misleading people about the dollars behind its tokens. Today, the company's insatia...
DeFi hack attack: Three exploits snatch $11M in a single day
Crypto and DeFi projects continue to be hacked at a dizzying pace, and few days in recent weeks have been incident-free. That said...
Tokenized funds rise to $11.39 for every $100 in stablecoins, nearly quadrupling in two years
Tokenized funds' growth highlights a shift towards yield-seeking on-chain investments, potentially reshaping the stablecoin ecosys...