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September 1, 2026 3:54 am
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Blockchain security firm PeckShield said 50 cryptocurrency-related hacking incidents in August caused total losses of $136.3 million. That was down 49.5% from $270 million in July.
According to PeckShield, the largest loss came from Tectonic.cro, a Cronos-based DeFi protocol, where about $74 million in assets was drained. PeckShield said it was the fourth-largest crypto hacking loss this year, after incidents involving DRIFT, KelpDAO and LayerZero (ZRO).