Crypto Hacks So Bad Even Your Wallet’s Laughing

So, apparently, July was the Titanic of crypto — 17 big ol’ hacks sinking wallets to the tune of $142 million. And that’s just the headline. It’s like a bad comedy, but instead of jokes, it’s hackers giggling behind the scenes. A 27.2% spike from last month. Yeah, because who doesn’t love more chaos? 🤦‍♂️

The “Who Got Hacked?” June Edition

First up, Indian exchange CoinDCX—sounds like a fancy sandwich, right?—lost $44.2 million. How? With some smooth social engineering. A hacker convinces an employee to install malware (because who needs a hacker to break in when you’ve got a free fake freelance gig?). The employee’s now on police hold, probably trying to figure out where it all went wrong. Nice job.

Then there’s GMX, the decentralized exchange that got robbed of $42 million. The hacker, feeling guilty (or maybe just bored), returned the money. So, what do they do? Pay a $5 million bug bounty—because nothing screams “security” like a hacker being paid off. If only my bank did that instead of locking me out for two days.

And let’s not forget BigONE, which lost $27 million worth of Shiba Inu, Solana, and other tokens—like someone just emptied the pet store. The list continues with Woo X and Future Protocol, suffering hits of $12 million and $4.2 million. It’s like opening a door and finding a financial bloodbath on the other side. Yup, just another day in paradise.

Honestly, I’m not sure if we should blame the hackers or the exchanges for making it so easy. Either way, it’s a wild ride—strap in, or better yet, just walk away. 🚶‍♂️💸

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2025-08-01 10:54