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October 2, 2025cryptonews logocryptonews

Crypto Exploits Plunge 22% — $127M Lost in September, Top Hacks Revealed

Crypto hacks caused $127.06 million in losses in September 2025, according to blockchain security firm ￰3￱ figure marks a 22% decrease from August’s $163 million, though nearly 20 major exploits were still recorded across the ￰4￱ Decline but Remain High as UXLINK and SwissBorg Hacks Dominate September PeckShield shared its findings in a post on X, noting the continued risk of large-scale attacks on decentralized finance (DeFi) and blockchain ￰5￱ the drop from August’s total shows some decline in criminal activity, the overall figure demonstrates that hacks remain a significant challenge for the industry. #PeckShieldAlert September 2025 saw ~20 major crypto exploits, resulting in total losses of $127.06M.

This marks a -22% decrease from August's $163M. In a positive development, ~$13M drained from a Venus user in a #phishing attack has been ￰6￱ 5 Hacks: #UXLINK –… ￰7￱ — PeckShieldAlert (@PeckShieldAlert) October 2, 2025 The data shows that September’s total was heavily concentrated in a handful of major incidents, with UXLINK and SwissBorg alone accounting for nearly two-thirds of the losses. UXLINK, a blockchain-based social networking platform, suffered the month’s largest attack, losing $44.14 ￰8￱ the attack, where the hacker exploited its multisig wallet to mint nearly 10 trillion unauthorized tokens, UXLINK saw its token crash over 90%. UXLINK was hacked!

The hacker received 490M $UXLINK and also minted 2B $UXLINK. The hacker has sold a massive $UXLINK on DEXes through six wallets, obtaining 6,732 $ETH ($28.1M). He also sold a large amount of $UXLINK on CEXes. Address:… ￰9￱ — Lookonchain (@lookonchain) September 23, 2025 The attacker funneled assets to exchanges, though UXLINK said many deposits were frozen with exchange support and law enforcement ￰10￱ firms PeckShield and Hacken revealed the hacker kept minting tokens, ultimately swapping about 9.95 trillion for just 16 ETH, approximately $67K.

In response, UXLINK urged exchanges to suspend trading, announced a token swap plan, and noted the attacker ironically lost 500B tokens in a phishing scam during the exploit. meanwhile, SwissBorg, a well-known wealth management app in the crypto space, was hit with $41.5 million in ￰11￱ attack came after hackers breached partner API provider Kiln, draining about 192,600 SOL from its Earn ￰12￱ under 1% of users, the platform pledged treasury funds for compensation, engaged white-hat hackers, and stressed that operations remain ￰13￱ hit by $41.5M $SOL hack after API compromise amid cascade of crypto security failures, including Nemo and Aqua exploits. #CryptoHack #Solana ￰0￱ — ￰14￱ (@cryptonews) September 8, 2025 Alongside the two major ones, a phishing attack on a user of Venus resulted in $13.5 million in stolen ￰15￱ reported that about $13 million of that amount has been successfully recovered, making it one of the few cases where stolen funds were returned to victims. @VenusProtocol recovers $27M from exploiter through force-liquidation, sparking decentralization debate over governance intervention. #BNB #Hack ￰1￱ — ￰16￱ (@cryptonews) September 3, 2025 Additional September incidents included Yala, which lost $7.64 million, and GriffAI, which suffered a $3 million ￰17￱ exploits impacted Nono, Shibarium Bridge, Basset, New Gold Protocol, and SolidifyFund, each losing between $1 million and $2.4 ￰18￱ also traced the movement of stolen funds, identifying transfers of hundreds of Ether across ￰19￱ flows ranged from 443 ETH to 800 ￰20￱ remains unclear whether these assets were funneled into mixers or other laundering ￰21￱ Crypto Hacks Hit $154M, Keeping 2025 on Track for Record-Breaking Losses September’s figures continue a trend of high-value thefts in 2025, although the decrease from August provides some short-term ￰22￱ losses put September slightly below August’s $163 million total but higher than July’s $142 million , showing no clear downtrend in exploit ￰23￱ broadly, the first half of 2025 saw billions drained from protocols, with Chainalysis estimating $2.17 billion stolen between January and June, while CertiK placed the number even higher at $2.47 ￰24￱ of that figure was skewed by February’s massive Bybit hack , which alone accounted for around $1.5 billion in stolen ￰25￱ saw a surge in crypto-related scams, with a staggering $310 million lost to various exploits, making it the second-highest monthly total this year. #Scam #Hack ￰2￱ — ￰26￱ (@cryptonews) September 2, 2024 Comparisons with past years reveal the scale of the ￰27￱ mid-year totals in 2025 already surpassed the $2.2 billion stolen across all of 2024, putting this year on track to be one of the worst in crypto’s history for security ￰28￱ three months still left in the year, analysts warn that unless industry-wide defenses improve, 2025 could end up eclipsing prior records set during the peak of 2022’s DeFi exploits.

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