Key Takeaways
- Hackers stole crypto worth $142 million in July.
- Hacks on crypto exchanges resulted in the biggest losses.
- 2025 is on track to be the worst year yet for crypto crime.
In July 2025, 17 major crypto hacks were recorded, resulting in total losses of $142 million.
Crypto exchanges accounted for the largest losses, with thefts from CoinDCX, GMX and BigOne amounting to 112.2 billion, although funds from the GMX hack were later returned.
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July’s Crypto Hacks up 27.2% From Previous Month
Compared to June, the total losses from crypto hacks tracked by PeckShield increased by 27.2% in July.
July had the fourth-highest monthly losses in 2025 so far. The worst month of the year was February, when the $1.2 billion Bybit hack pushed the monthly total to $1.53 billion.
In the CoinDCX hack, an attacker drained a total of 4,443 ETH and 155,830 SOL, with a combined value of approximately $44.2 million.
Prior to that, GMX was exploited to the tune of $42 million. The hacker ultimately returned more than 90% of the initial value of the stolen funds, but still netted themselves a tidy profit from a rise in the price of ETH.
In the third largest breach, BigOne’s hot wallet was compromised, resulting in the loss of $27 million in crypto assets.
Top 5 Hacks in July
- CoinDCX—$44.2 million
- GMX—$42 million
- BigOne—$28 million
- WOO X—$11.59 million
- Future Protocol—$4.7 million
By the end of June, the value of crypto stolen from platforms in 2025 had already surpassed the total stolen in 2024.
At the current rate, this year is on track to become the worst year yet for crypto crime.
Crypto Hacks: 2025 So Far
| Month |
Losses (USD) |
| January |
$87,000,000
|
| February |
$1,530,000,000
|
| March |
$33,000,000
|
| April |
$357,110,000
|
| May |
$244,100,000
|
| June |
$111,600,000
|
| July |
$142,000,000
|
Source: PeckShield/X
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James Morales is CCN’s blockchain and crypto policy reporter. He has been working in the news media since 2020, writing about topics such as payments, banking and financial technology. These days, he likes to explore the latest blockchain innovations and the evolving landscape of global crypto regulation.
With an educational background in social anthropology and media studies, James uses his platform as a journalist to explore how new technologies work, why they matter and how they might shape our future.
