
SlowMist|Sep 02, 2025 09:48
🚨August 2025 Web3 Security Recap🚨
📊According to SlowMist’s Hacked (https://hacked.slowmist.io):
⚠️9 hacks ➡️ ~70.73M lost
❄️6.3M recovered/frozen
🎣Phishing losses via @realScamSniffer:
15,230 victims ➡️ ~12.16M stolen
Major incidents:
• BtcTurk reportedly lost ~54M after hot wallet compromise, its 2nd major breach in just over a year
• ODIN[.]FUN exploited for 58.2 BTC (7M) via token price manipulation; >30 BTC later recovered
• BetterBank lost ~5M due to a minting vulnerability, attacker later returned ~2.7M worth of stolen tokens
• Credix exploited for ~4.5M through admin wallet compromise; suspicions of an exit scam arose after the team vanished
Security Highlights:
💰Hot wallets at centralized platforms remain high-risk
⚠️Price manipulation and token minting flaws continue to be exploited
🎭Exit scams disguised as “hacks” further erode user trust
❄️Asset recovery remains rare and limited—prevention is key
✍️Full report:
https://slowmist.medium.com/slowmist-monthly-security-report-august-estimated-losses-at-82-89-million-957b954ce66c(SlowMist)
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