The crypto industry lost approximately $110 million due to hacker attacks in July

TechFlow news, August 10: According to The Block, latest data from Immunefi shows that the crypto industry lost approximately $110 million due to hacker attacks in July 2026. During the same period, the platform paid $2.32 million to researchers for confirmed vulnerability reports, with the number of confirmed and completed bug bounty reports increasing by 18% month-over-month. The report indicates that its audit contests discovered an average of 6.2 critical vulnerabilities per contest, higher than the 1.5 found in tier-one audits; in July, the bug bounty program prevented a total of 374 threats.