Crypto Platforms Lose $142 Million to July Hacks
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BTCCSquare news:
Cryptocurrency platforms faced a brutal month in July, with hackers stealing a combined $142 million across multiple exploits. The most damaging breach hit CoinDCX, resulting in a $44.2 million loss—a stark reminder of the sector's persistent security vulnerabilities.
These incidents have reignited debates about asset protection in decentralized finance. Investors are demanding enhanced safeguards as threat actors grow increasingly sophisticated. The crypto industry's rapid growth now demands equally accelerated security upgrades to match institutional-grade expectations.
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