August Hackathon Extravaganza Nets 50 Exploits While Local Gringos Surf Through the Chaos
Blockchain security firms reported a record-breaking 50 major crypto hacks in August, led notably by Tectonic's $74 million price-manipulation debacle. Total monthly losses still dropped by half to $136 million, proving once again that hackers are working twice as hard for half the stolen loot. Down here in Baja, the CFE grid just died for the fourth time this week, and honestly, worrying about decentralized lending protocols sounds like an awful lot of work when the Pacifico is cold and the roosterfish are running.