ME News reports that, as of September 5 (UTC+8), PeckShield data shows that the crypto industry experienced 50 major hacks in August 2026, a 67% increase from July; however, losses decreased to $136.3 million, a 49.5% decline. Among these, TectonicFi suffered approximately $74 million in losses, while after Cronos paused its network, only about $6 million was transferred out. Digital asset security firm AEREDIUM has launched AERSeal, which replaces a single private key controlling privileged smart contract functions with a multi-party authorized threshold signature. The product stores key shares separately in hardware-authenticated secure enclaves and supports the Ethereum Virtual Machine and EVM-compatible chains. AERSeal does not reconstruct the full private key but generates signatures using the CGGMP24 threshold signature protocol. AEREDIUM founder and CEO Albert Dadon stated that the product can transfer permissions such as minting and upgrading to threshold keys, with on-chain verification confirming the transfer; customers can also independently verify their assigned threshold keys. (Source: ChainCatcher)
August Sees 50 Major Hacks in the Crypto Industry, $136.3 Million Lost; AEREDIUM Launches AERSeal
KuCoinFlashShare
Summary
Crypto industry news reports 50 major hacks in August 2026, a 67% increase from July, with $136.3 million lost—a 49.5% decrease. TectonicFi lost $74 million, the largest incident, while $6 million was stolen from the paused Cronos network. AEREDIUM launched AERSeal, a threshold signature solution for smart contract security, utilizing the CGGMP24 protocol and supporting EVM chains. Industry trends indicate a growing emphasis on key management solutions as attacks escalate.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.