Crypto hacks and scams cost $300 million in August

In August, an estimated $310.9 million was lost to exploits, hacks and scams. However, $10.3 million worth of digital assets were recovered, resulting in a net loss of $300.6 million. According to security firm Certik, this is the second largest monthly loss since 2024 so far. While May had the largest total operating loss of just over (…)