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Bad actors and scammers stole at least $ 142 million from the Crypto Space in July, in 17 separate attacks, for the most significant damage with the exploitation of the Crypto Exchange Consux.
Blockchain Security firm Pickeld said in an X post on Friday that the loss of total motors represented an increase of 27% from $ 111 million in June.
However, this is still a decline of 46% from the same time of last year, when in July 2024, $ 266 million was seen by hackers, in which the lion’s shares violated the Indian Crypto $ 230 million for the time.
Pekshild said that the attacker exploited the GMX decentralized exchange for $ 40 million in Crypto on 11 July, the second largest hack for the month, streaming the stole futures Day leather.
Coindcx is the largest hack for July
The Indian Cryptocurrency Exchange Coindcx was hacked for $ 44 million on July 18, which CEO Sumit Gupta said that “was a sophisticated server violation.” A coindcx employee was armed on Thursday in connection with the incident.
Only a few days ago, on 16 July, Crypto Exchange Betone faced a third -party attack, resulting in a third -party attack, targeting his hot wallet infrastructure.
Round the top three for July was the Crypto trading platform Wu X, which was compromised on July 24 through a fishing attack, resulting in at least $ 14 million.
Wu X team member’s device was accessed
Rob Behanke, president of the blockchain security firm Helbourne, said in a report on Tuesday that bad actors responsible for Wu X Hack used social engineering to target one of their equipment.
“In this case, the attacker used social engineering to compromise the computer’s computer’s computer.
“The attacker successfully performed several malicious transactions during two crowds before sensitive activation and stage disability withdrawn.”
Funds were stolen on several series including Bitcoin (BTC), Ether (ETH), BNB (BNB), and Arbitrum (ARB).
The accounts affected by the incident later restored their remaining amount from the company’s treasure.
Connected: Crypto Seed phrase, Front-Hack Drive Record Loss in 2025: TRM Labs
Targeting Hackers Offchain System
According to Behanke, a change has been made to target the offchain system for high-value hawks between hackers.
He said, “Instead of searching for the exploitative smart contract weaknesses, which can be fantfied and connects through the Smart Contract Secract Security Audit, attackers seek weaknesses in the back and infrastructure.” He said.
“As DEFI hackers are more sophisticated and rapidly target back end systems and infrastructure, projects require strong security controls and procedures.
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