- About 30 cases of crypto hacking were reported in April, with total losses exceeding $630 million, marking one of the worst months on record.
- The report cited a $285 million hack involving Drift Protocol and a $292 million attack on Kelp DAO as representative cases.
- The outlet said repeated large-scale hacks could lead to lower token prices, weaker confidence in DeFi and tighter liquidity.
Forecast Trend Report by Period
April was one of the worst months on record for cryptocurrency hacks, underscoring mounting security risks across decentralized finance.
About 30 crypto hacking incidents were reported in April, The Block reported on May 8.
The scale of the damage was also among the largest ever…
