In September 2025, the cryptocurrency industry suffered significant losses due to hacker attacks, resulting in total damages of approximately $127 million. According to analysts at PeckShield, at least 20 major hacks of crypto projects were recorded during the month.
This is reported by Business • Media
Main Incidents and Affected Projects
The biggest victims of hacker attacks in September were UXLINK, SwissBorg, Venus, Yala, and GriffAI. The largest incident involved UXLINK — this crypto project lost over $44 million. SwissBorg ranked second in terms of losses, amounting to nearly $41.5 million.
A user of the decentralized protocol Venus lost $13.5 million due to a phishing attack. Meanwhile, a portion of the stolen funds was recovered: of the $13.5 million, the attackers agreed to return $13 million.
“In September 2025, PeckShield experts recorded about 20 major attacks on crypto projects.”
Trends and Additional Attacks
Compared to August 2025, when the total losses reached $163 million, the industry’s losses in September decreased by 22%. The list of the largest attacks also included: Yala — $7.64 million and GriffAI — $3 million.
In addition to the mentioned cases, crypto researcher ZachXBT previously reported a potential hack of the SBI Crypto platform, which could have resulted in losses of $21 million.