#DogeCoinTreasury

In August, the damage from hacks in the crypto industry amounted to $163 million. Analysts at PeckShield recorded about 16 major attacks.

The figure increased by 15% compared to July, when losses reached $142 million.

One of the targets of hackers was the Turkish cryptocurrency exchange BtcTurk. The platform lost assets worth $54 million. This is the second major hack of the exchange in the past year. In June 2024, attackers withdrew more than $50 million from BtcTurk.

The largest single incident of the month is related to a private Bitcoin investor. The user lost 783 BTC (~$91 million) as a result of a social engineering attack.

The top five largest incidents of August also included:

Odin.fun — $7 million;

BetterBank.io — $5 million;

CrediX Finance — $4.5 million.