According to PeckShield, in July 2025, the crypto industry suffered losses from hacker attacks amounting to $142 million, which is 27% more than in June ($111 million). There were 17 major incidents recorded, with the five largest accounting for the majority of the losses. The most significant case occurred with the Indian exchange CoinDCX, where attackers stole $44.2 million through a server attack triggered by phishing. Other notable losses included $42 million from an attack on GMX (partially refunded), $28 million from BigONE, and $12 million from WOO X.
Experts note that hackers are increasingly using social engineering and infrastructure vulnerabilities, rather than just smart contract vulnerabilities. The speed of moving stolen funds remains a problem: in 70% of cases, transactions began before the public disclosure of the incident. Asset recovery was only 4.6% in the first half of 2025. This highlights the need for better detection methods and internal security.
The situation signals the evolution of threats in the crypto world. Stay tuned for news and subscribe to #MiningUpdates to stay informed!
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