This figure represents a 15% increase compared to the $142 million losses recorded in July.
The most notable incident in August was a social engineering attack by an unknown individual, resulting in the loss of approximately 783 Bitcoins, worth around $91 million. During this attack, the hackers impersonated a cryptocurrency exchange service to steal the user’s personal information.
Another major event was an attack on BtcTurk, a prominent cryptocurrency platform in Turkey. Hackers accessed the platform’s “hot” wallets and stole approximately $50 million worth of cryptocurrency.
Security experts believe that one of the main reasons hackers are targeting such high-value assets is the rise in cryptocurrency prices. In August, Bitcoin surpassed $124,000, and Ethereum (Ether) exceeded $4,946, making these targets even more attractive to attackers.
Experts recommend that cryptocurrency users strengthen their security measures. This includes conducting regular security checks, using multi-layered protection systems, and remaining vigilant against phishing and other fraudulent attempts.
Overall, the 16 separate attacks recorded in August highlight that security remains a serious issue in the cryptocurrency world and reinforce the importance of users staying alert to protect themselves.
