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

Coin Telegraph LogoCoin Telegraph13h ago

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

Quick Summary:

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. 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 month’s total.

Related: Crypto hackers hit DeFi for $92M in April as attacks double from MarchMeanwhile, DeFi protocol Loopscale recovered half of the funds stolen during a major exploit on April 26, when manipulating its RateX PT token pricing functions led to the theft of $5.7 million in USDC (USDC) and 1,200 Solana (SOL).

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

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Article Details

Author / Journalist: Cointelegraph by Stephen Katte

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-01 @ 06:53:38 (13 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 423 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28306908

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 36 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 7 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

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