Hey folks, imagine depositing a fortune in digital coins, only for sneaky hackers to swoop in and grab it all. That's what shook the crypto world last month. In August 2025, thieves made off with a whopping $163 million through 16 different attacks, up 15% from July's haul of $142 million.
But here's the twist: these crooks aren't just cracking code anymore; they're getting crafty with people. The biggest hit came from a clever phishing scam on a longtime Bitcoin fan in an unnamed spot. Posing as help from a crypto exchange and a hardware wallet company, the bad guys tricked the victim into handing over 783 Bitcoins—worth about $91 million back then.
It was a single, gut-wrenching transfer that left everyone scratching their heads. Then, over in Turkey, the popular exchange got damaged for nearly $50 million when hackers slipped into its hot wallets. This marks the second time in just over a year for the exchange, after a similar mess in June 2024.
Security watchers at PeckShield spotted this pattern: hackers now eye big fish like exchanges and wealthy holders, fueled by skyrocketing prices—Bitcoin topped $124,000 mid-month, and Ethereum hit over $4,900.
This shift bugs me because it feels like the bad guys are one step ahead, turning everyday folks into easy marks instead of battling tough tech. Why does it matter? Well, crypto's supposed to be this exciting, borderless money, but these thefts shake trust and could slow down the whole boom. Even so, the good news is fewer attacks overall—down from 20 in June—hinting that defenses are getting smarter. One thing's clear: stay sharp out there.
Posted Using INLEO
Probably state actors.
Who knows
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