In August, hackers and exploits resulted in the loss of $15.8 million in cryptocurrency, according to a report by blockchain security firm Immunfi. However, this is a significant decrease from the $320.5 million lost in July. All of the attacks were against DeFi protocols, with no incidents affecting centralized finance entities. Year-to-date, users have lost $1.25 billion in crypto due to hacks and fraudulent activities.
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