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Crypto losses spike 1,100% in April with 5th-largest-ever hack: CertiK

Crypto losses spike 1,100% in April with 5th-largest-ever hack: CertiK

Crypto losses spiked by 1,163% over April, with the lionโ€™s share of lost crypto coming from a single heist of an elderly US individualโ€™s wallet, says blockchain security firm CertiK.

CertiK said in an April 30 X post that a total of $364 million was lost to exploits, hacks and scams in April, jumping from the $28.8 million recorded by CertiK in March.ย 

The firm added that white hat exploiters had returned around $18.2 million from exploits on the crypto protocols KiloEx, Loopscale and ZKsync, which brought down the monthโ€™s total.

The largest hack in April, and the fifth largest to date, involved an elderly US individual who lost 3,520 Bitcoin (BTC), valued at $330.7 million. The Bitcoin was stolen from their wallet after a hacker…

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