July 2025 saw cryptocurrency hacks jump by 27%, reaching $142 million in losses across major platforms like CoinDCX, GMX, and BigONE. The CoinDCX breach alone led to a $44.2 million loss, followed by significant incidents at GMX and BigONE. Experts warn of rising social engineering and hot wallet attacks, urging crypto companies to strengthen security as 2025’s losses already surpass last year’s total.
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