In July, hackers executed 16 attacks on the crypto ecosystem, resulting in the theft of $266 million. The most significant loss was experienced by the Indian exchange WazirX, which had over $230 million stolen by North Korean hackers. Other affected entities included Compound Finance, which lost $24 million, and Li.Fi Protocol, Bittensor, and Rho Markets, each of which lost $8 million. To avoid detection, the majority of the stolen funds were laundered through Tornado Cash.