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crypto.news 2025-05-01 07:47:35

Crypto hack and scam losses total $364m in April: CertiK

Crypto hack and scam losses total $364m in April: CertiK

Losses from hacks and scams surged in April, with one single incident accounting for most of the damage. In April, the crypto sector lost a staggering $364 million to exploits, scams, and hacks, a 1,163% surge from the $28.8 million recorded in March, according to an April 30 X post from blockchain security firm CertiK. The surge was largely driven by a single attack targeting an elderly American, who lost 3,520 Bitcoin worth $330.7 million. As previously reported by crypto.news, the attacker reportedly used advanced social engineering tactics to gain access to the victim’s wallet, making it the fifth-largest crypto theft on record. Excluding that incident, April’s losses totalled $34 million, still representing a 21% rise from the previous month. CertiK identified phishing, access control exploits, social engineering, and price manipulation as the primary attack vectors. Some of the losses were mitigated due to successful recovery efforts by affected protocols and white hat hackers. Roughly $18.2 million in stolen funds were recovered over the course of April, according to CertiK. This included full repayments to KiloEx, which had suffered a $7.5 million exploit but saw the funds returned just four days later. You might also like: Morpho Labs crypto hack thwarted as white hat intercepts $2.6M after frontend exploit ZKsync Association also recovered $5 million worth of stolen tokens after a breach involving its airdrop distribution contract. According to ZKsync, the attacker agreed to return all funds in exchange for a 10% bounty. Similarly, DeFi protocol Loopscale managed to reclaim all of the assets stolen in an attack that exploited vulnerabilities in its token pricing functions. The platform recovered $5.8 million after negotiating directly with the attacker, who agreed to return the funds in exchange for a 10% whitehat bounty and immunity from legal action. Although April saw a sharp rise in losses, February remains the costliest month of the year so far. As crypto.news reported earlier, February saw crypto losses soar to $1.53 billion, driven almost entirely by two major incidents. The $1.46 billion exploit on crypto exchange Bybit accounted for the majority of losses, while stablecoin issuer Infini lost $49.5 million in a separate attack. Read more: North Korea’s latest crypto hack reveals Web3’s security weakness: pro

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Loe lahtiütlusest : Kogu meie veebisaidi, hüperlingitud saitide, seotud rakenduste, foorumite, ajaveebide, sotsiaalmeediakontode ja muude platvormide ("Sait") siin esitatud sisu on mõeldud ainult teie üldiseks teabeks, mis on hangitud kolmandate isikute allikatest. Me ei anna meie sisu osas mingeid garantiisid, sealhulgas täpsust ja ajakohastust, kuid mitte ainult. Ükski meie poolt pakutava sisu osa ei kujuta endast finantsnõustamist, õigusnõustamist ega muud nõustamist, mis on mõeldud teie konkreetseks toetumiseks mis tahes eesmärgil. Mis tahes kasutamine või sõltuvus meie sisust on ainuüksi omal vastutusel ja omal äranägemisel. Enne nende kasutamist peate oma teadustööd läbi viima, analüüsima ja kontrollima oma sisu. Kauplemine on väga riskantne tegevus, mis võib põhjustada suuri kahjusid, palun konsulteerige enne oma otsuse langetamist oma finantsnõustajaga. Meie saidi sisu ei tohi olla pakkumine ega pakkumine