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…
