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In July, crypto platforms were targeted by major hacks, losing a total of $142 million. The biggest incident involved CoinDCX, which suffered a massive loss of $44.2 million. These attacks have sparked fresh concerns about the security of digital assets. Many users are now calling for stronger safety measures and better protection for their investments. The recent hacks highlight the growing risks faced by the crypto industry and the urgent need for improved security standards.
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- Sohrab Khawas
Sohrab Khawas
Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.
- Aug 01, 2025 10:31 UTC
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Crypto Platforms Lose $142 Million to July Hacks
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