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Crypto Hacks Surge in July with $142 Million

Crypto Hacks Surge in July with $142 Million

July 2025 saw a massive rise in crypto hacks with a total of 17 major hacks totalling the loss of 142.16 million. It is a 27.2 percent increase in the amount stolen, $111.6 million in June. 

According to statistics provided by blockchain security company PeckShield, cryptocurrency services continue to be under attack.

The three most successful hacks during July affected CoinDCX, GMX and BigONE. Such incidents brought in most of the stolen money in the month. The lapse in security in digital finance is an issue of grave concern even though the investments in related infrastructures are on the rise.

Major Hacks in July Drive Record Losses

CoinDCX suffered the biggest breach in which hackers took away $44.2 million. This made the Indian exchange the largest loser in the month. GMX was an exploit of $42 million of which it later recovered 40.5 million in assets. In spite of this recovery, the incident is an indication of inefficiencies with the protocol. The highest loss was experienced by BigONE of 28 million, WOOX with 12 million and Future Protocol with 4.2 million. Most of the losses were contributed by these five attacks in the month of July.

Activity of traders in hackers allowed exhibiting various movement of stolen tokens. Around 10,000 tokens worth 10.5 million dollars were sent to unknown places. The other transfers shifted 1,734, 500, and 1,103.3 tokens to different addresses. This sort of activity reflects high order laundering methods undertaken to conceal tracks online.

Crypto Theft in 2025 Reaches $2.17 Billion

Chainalysis reported that total crypto theft in 2025 has reached $2.17 billion as of July. This figure surpasses all of 2024’s reported losses and marks a significant increase over prior years. A major portion comes from the ByBit hack, which involved $1.5 billion allegedly linked to DPRK threat actors.

Year-to-date figures show a 17% increase in value stolen from services compared to 2022. With the current rate, total theft could exceed $4 billion by year’s end. The focus of attackers is shifting toward individuals, with 23.35% of thefts now targeting personal wallets.

Individual wallet breaches are on the rise, with $8.5 billion in assets held on-chain awaiting laundering. Physical attacks, including those involving violence, are increasing during times of high Bitcoin prices. These attacks reflect broader human risk beyond digital theft.

Regions with the highest number of incidents include the US, Germany, Canada, and Russia. Japan, South Korea, and Indonesia also remain regular targets. Eastern Europe, MENA, and CSAO regions recorded the fastest growth in attack volumes.

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