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PeckShieldAlert# n August 2026, the crypto industry experienced 50 major hacks (+67% from July's 30 hacks), resulting in total losses of $136.3M - a 49.5% month-over-month decrease from July's $270M.
The Tectonic.cro incident, which resulted in ~$74M in losses, was the 4th-largest crypto theft of the year to date, behind the #
Drift#, #
KelpDAO#/#
LayerZero#, and
@COLDCARDwallet exploits.
The exploiter managed to bridge out only ~$6M to #
Ethereum# before Cronos paused the entire chain, leaving the remaining funds mainly stuck on Cronos. The exploiter has since started laundering the stolen funds, bridging them to #
BTC# (~200K so far)
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Top# hacks:
TectonicFi: $74M
Moonwell: $8.7M
Termlabs: $8.5M
Coinsbuy: $7.9M
TAC: $7.5M
Injective: $4.8M
MANTRA: $3.6M
BounceBit: $3M
Cosmos Labs: $2.87M
aquifer: $2.47M