Major Crypto Hacks of August 2025 Explained: What, Why and How?
Cryptocurrency thefts surged in August 2025, exposing systemic vulnerabilities across decentralized networks. Hackers exploited security gaps in smart contracts, cross-chain bridges, and custodial wallets, siphoning millions from unsuspecting investors.
The attacks highlighted persistent flaws in protocol designs, with many projects prioritizing speed over robust auditing. Security analysts noted a shift toward sophisticated social engineering tactics alongside traditional technical exploits.