July 2025 Crypto Heist Wave: CoinDCX, GMX, and BigONE in the Crosshairs

Crypto's dark side resurfaces as hackers pull off a trifecta of breaches—leaving CoinDCX, GMX, and BigONE scrambling. Here's the fallout.

Subheading: The Attack Vector Unpacked

Exploits cut deep, bypassing layers of 'unhackable' security. No platform was safe—centralized or decentralized.

Subheading: The Aftermath

Funds vanished faster than a meme coin's liquidity. Meanwhile, C-suites are drafting 'lessons learned' press releases—classic damage control theater.

Closing Thought: Another month, another reminder that crypto's 'trustless' utopia still hinges on someone not leaving a backdoor open. TradFi snickers into its spreadsheet.

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.