August 2025 has seen massive exploits across the crypto sector. In this respect, an overall $163M has been seen in losses across sixteen major exploits. This denotes a noteworthy 15% jump from $142M losses witnessed in July. As per PeckShieldAlert, a popular blockchain security platform, out of these exploits, 5 notable events accounted for more than 50% of the losses seen throughout August. Overall, the growing exploits and losses resulting from them highlight the requirement for more vigilance amid the evolving hacking techniques.
$91.4M Loss of Bitcoin Holder Stands Atop Crypto Exploits of August 2025
The on-chain data reveals that the crypto market participants lost a cumulative $163M during August in sixteen exploits. Particularly, top 5 among them reportedly accounted for a whopping $162.9M, nearly reaching the total loss amount of August. In this respect, a huge $91.4M was lost in an incident involving a Bitcoin ($BTC) holder. This event, based on its amount, stands atop the exploits witnessed in the entire month.
BtcTurk Loses $54M, Denoting 2nd Top Exploit of Month
Similarly, a Turkish cryptocurrency exchange, BtcTurk, went through an exploit of $54M on the 14th of August. The incident took into account suspicious crypto withdrawals on the hands of exploiters. As per the crypto exchange, some technical issue led to the respective exploit. Following stealing the funds, the exploiter converted them into Ether ($ETH) to avoid being tracked.
Odin.fun Exploiters Drain 58.2 $BTC ($7M) Within Couple of Hours
Another such exploit takes into account a Bitcoin memecoin, Odin.fun, which saw an exploit of $7M on the 12th of August. The attack comprised the loss of up to 58.2 $BTC (nearly $7M) within a couple of hours. The investigation reveals that there were serious weaknesses in the automated market maker (AMM) design of the project. This highlights the hazards related to unverified liquidity pools.
BetterBank and CrediX Finance Incur $5M and $4.5M in Losses
Moving on, PeckShieldAlert’s list of top five crypto exploits of August 2025 includes PulseChain-based decentralized lending platform BetterBank in the 4th position. The platform experienced manipulation of liquidity and reward minting, resulting in a loss of $5M. Additionally, taking the 5th position among August’s key exploits, a Sonic blockchain-based lending protocol, CrediX Finance, was reportedly hit by a loss of $4.5M.
Overall, as the total amount of losses in August’s exploits reached $163M, showing 15% surge from July’s $142M, the market onlookers push for adequate security measures to deal with evolving hacking techniques.
