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July’s Crypto Heist Spree: $142 Million Vanishes as Hackers Outsmart Defenses (PeckShield Data)

July’s Crypto Heist Spree: $142 Million Vanishes as Hackers Outsmart Defenses (PeckShield Data)

Published:
2025-08-01 08:58:57
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Crypto's wild west just got wilder. Hackers looted digital vaults at record pace last month—proving once again that where there's code, there's cracks.

Attackers feast while builders scramble

Another month, another nine-figure crypto carnage report. The $142 million haul would make traditional bank robbers weep with envy—Wall Street spends more on office plants.

Security theater meets blockchain reality

Every stolen dollar erodes the 'trustless system' sales pitch. Funny how decentralized finance still needs centralized insurance pools when things go sideways.

The silver lining? At least the thieves believe in crypto's long-term value proposition—they never convert to fiat.

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