Crypto loses $136.3M to major hacks in August

ALERT: The crypto sector lost approximately $136.3 million across 50 major security incidents during August, according to PeckShield.
TectonicFi's roughly $74 million exploit accounted for more than half of the reported monthly losses.
The figures underline the continuing security risks across DeFi and other onchain applications, where individual protocol vulnerabilities can produce substantial losses in a short period.