Crypto Theft Rises as Hackers Exploit ETH Surge
Three high-profile exploiters have taken advantage of ether’s rally to liquidate stolen funds, pocketing tens of millions in extra profits.
Aug 15, 2025 - News Brewery
Amid the recent surge in the price of Ethereum (ETH), crypto hackers have been capitalizing on the opportunity to offload stolen funds, raking in a staggering $72 million this week alone. The exploiters have been actively exploiting the rising value of ETH to liquidate their ill-gotten gains, further fueling concerns about the security risks in the cryptocurrency space.
The incident serves as a stark reminder of the persistent threats posed by cybercriminals in the digital asset realm. Security experts are urging investors and users to remain vigilant and adopt robust security measures to safeguard their crypto holdings from potential breaches.