If this week’s $320 million Wormhole hack had been a brick-and-mortar bank robbery, it would have ranked among the largest in history. But in the realm of cryptocurrency and decentralized finance (DeFi), the Wormhole hack clocks in as only the fourth-largest digital asset heist of the past 10 years—and events like these are only becoming more frequent.

August announced today its launch as a strategic communications advisory firm established on the core belief that excellence in client service is achieved when individuals with specialized talent and subject matter expertise are empowered to focus on what they do best.