Crypto Industry Hit by 50 Major Hacks in August, Total Losses Reach $136M

Crypto Industry Hit by 50 Major Hacks in August, Total Losses Reach $136M

N
News Editor
2026-09-01 03:43:17
Blockchain security firm PeckShield reported 50 major hacking incidents in the crypto industry in August 2026, up 67% from 30 in July. Total losses stood at approximately $136 million, down 49.5% month-over-month. The Tectonic.cro attack was the costliest event at around $74 million, ranking as the fourth-largest crypto theft of 2026.

The crypto industry got hit by 50 major hacking incidents in August 2026, based on figures from blockchain security firm PeckShield. That’s a 67% jump from 30 attacks in July. But total losses came in at roughly $136 million, which is 49.5% lower than the month before.

The priciest incident in August was the Tectonic.cro attack, which caused losses of about $74 million. It stands as the fourth-largest crypto theft of 2026, behind only the Drift, KelpDAO/LayerZero, and Coldcard exploits.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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