Illustration of a hacker attacking blockchain nodes, representing crypto hacks and security threats.
Blockchain News

Alarming 27% Surge in Crypto Hacks: Backend Attacks and Social Engineering Cost $142 Million in July 2025

The cryptocurrency industry faced a devastating wave of attacks in July 2025, with losses skyrocketing to $142 million—a 27% increase from June. Hackers are now targeting backend systems and exploiting human vulnerabilities, making blockchain security more critical than ever. Why Are Crypto Hacks Surging in 2025? July 2025 witnessed 17 major crypto hacks, with the […]