#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) #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