Crypto losses sparked 1,163% in April, with a lion’s lion’s lion’s lion derived from a single heist of an old US individual purse, says blockchain security firm Certik.
Certik Says In a post of April 30 x that a total of $ 364 million was lost to exploits, hacks and scams in April, jumping from $ 28.8 million recorded by Certik in March.
The firm added that White Hat exploiters returned to around $ 18.2 million from exploitation of crypto protocols Kiloex, loopscale and zksync, which dropped throughout the month.
The largest hack in April, and the fifth largest to the present, involved with an elderly individual US that lost 3,520 bitcoin (Btc), which costs $ 330.7 million. Bitcoin was stolen from their purse after a hacker used advanced social engineering tactics to get access to April 30.
Excluding that attack, April’s crypto losses were $ 34 million, a 21% jump from March.
Certik said the phishing scam, reinforced by the Bitcoin’s heist, was the Basic culprits for losses While social engineering, accessing control hack and price manipulation exploits the top four types of attacks that stole the most important value.
February has the most still significant number of crypto losses For years to date, with $ 1.53 billion. Most of that is from $ 1.4 billion bybit hack Through North Korea’s Lazarus Group, which also holds the crown for the largest crypto hack ever.
Hackers return some funds
More than $ 18 million were restored for the month. Decentralized Exchange Kiloex suspended platform operations after suffering a $ 7.5 million exploitation; However, on April 15, the exploitative Returned all stolen funds, Just four days after attacking.
The zksync association also rthat -ecovered $ 5 million worth of stolen Tokens from a security incident of April 15 involving the AirDrop distribution contract.
Related: Crypto hackers hit Defi for $ 92m in April while attacking double from March
Meanwhile, Defi Protocol Loopscale Got half of the funds stolen During a major exploitation on April 26, when manipulation of PT token pricing led to theft of $ 5.7 million in the USDC (USDC) and 1,200 solana (Sol).
Losses in crypto scams, exploitation and hacks decrease in the last days of 2024, In December registering the smallest amount stolen at $ 28.6 million, compared to $ 63.8 million in November and $ 115.8 million in October.
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