In April 2024, the cryptocurrency sector experienced a significant reduction in financial losses due to security breaches, with total losses amounting to approximately $25 million, marking the lowest monthly figure on record since 2021. This represents a 67% decrease from the previous month. The main contributors to these losses included exit scams at around $4.3 million, flash loans at approximately $129,000, and various exploits totaling about $21 million. Notably, the Poloniex hacker transferred about 501 BTC, valued at roughly $32 million, to three new addresses. The overall number of reported incidents was 37, with exit scams and contract vulnerabilities accounting for a significant portion of the total losses.
NEW: Crypto valuations pulled back in April 2024 but industry trends remained broadly favorable. Highlights included: 🅱️ The #Bitcoin halving 📢 #Ethereum rumbles 🏛️Legislative progress 🪙Stablecoins' market cap rose Read our recap for deeper analysis: https://t.co/6cDFdy6SBA https://t.co/zUx5NaAfM2
#Crypto hack losses plunge 67% in April to $60 million. https://t.co/vpQojyQaER
In April, crypto fraudsters stole $60.2 million, a 67% decrease from March https://t.co/dNAbSBM17S
🧐 Dive into our April Security Review https://t.co/A9zDID6mpA Explore April's $5M in DeFi exploits, featuring major incidents at #HedgeyFinance & #SaitaChain. Learn about @eigenlayer and the emerging security threats in the restaking ecosystem. Also, celebrate our new…
🧵 April has been a month of significant updates and highlights in the Blockchain market, especially #BitcoinHalving! 🤖 AI, being one of the top three narratives in Q1 according to CoinGecko data, is receiving a lot of attention. 🍑 With a current Market Cap of approximately… https://t.co/zAro0eeQmd https://t.co/1xQOKrbdv1
🚨 April's Crypto Chaos Unveiled! 🚨 Discover the shocking truth behind the $86.5M loss, plus rising phishing attacks! Beware of the pink Drainer! Check out 🛡️ QuillMonitor for latest updates 👇 https://t.co/4hyM0novDV #web3security #phishing https://t.co/XJgWcAYSCr
#PeckShieldAlert In April 2024, the crypto space encountered ~40 hacks, resulting in losses totaling ~$60.2 million. This marks a significant decrease of 67% from the losses recorded in March 2024. #Top5 hacks: #HedgeyFinance: ~$47.35 million, involving ~$44 million worth of… https://t.co/wKMg4ZMxSr
April 2024 marked a significant milestone with crypto exploits and scams hitting a historical low, with just $25M in losses.📉 Dive into our insights and learn about the advancements in blockchain security that are shaping a safer future. Read more: https://t.co/XTDfKcPqfq
📣 Latest News: April sees $25M in exploits and scams, marking historical low ― Certik #news #cryptonews #crypto
Jump into our April updates! 🚀 - Dive into the Halving in our 7-part Anatomy of the Halving series. - Explore altcoins like Ethena Labs, TokenFi, and Wormhole. - Discover the new Mutiny Wallet and the Rollups that could help scale Bitcoin. Read more: https://t.co/GahrEJ0v59 https://t.co/cxSz0q9xI4
It's that time of the month again. Let's compare some stats from April vs March. Total Reported Incidents: 37 Total Losses: ~$91M Interesting Stats: -15 exit scams but totaling ~41.4% of total lost -10 contract vulnerabilities, totaling 51.7% of total lost Find out more… https://t.co/p1H3T9OXd1
Monthly crypto losses from hacks and scams were the lowest on record in April: CertiK https://t.co/SU4D2QntwR
*CERTIK REPORTS LOWEST MONTHLY LOSSES FROM MAJOR CRYPTO INCIDENTS ON RECORD IN APRIL - THE BLOCK PRO
#CertiKStatsAlert 🚨 Combining all the incidents in April we’ve confirmed ~$25.7m lost to exploits, hacks and scams. The lowest figure we’ve recorded, dating back to 2021. A 141% decrease from March Exit scams: ~$4.3m Flash loans: ~$129k Exploits: ~$21m More details below https://t.co/zfSh8mabzJ
#PeckShieldAlert #Poloniex Hacker-labeled address has transferred ~501 $BTC (worth ~$32M) to 3 new addresses: -bc1qvdfydd...kune2uut (486.62 $BTC, worth ~$30.8M) -bc1qewwzl...qr5vff5p3 (10 $BTC, worth ~$623K) -bc1qzr60y3...mcdsscvr (5 $BTC, worth ~$316K) https://t.co/0htvMNhYCY
🚨 SlowMist Weekly Security Report: (April 22 - April 28, 2024) 🚨 We're back with another week's of security incidents. Overall losses weren't crazy, but not all incidents had report losses. Total Losses This Week: Over $2,155,127 Incident Overviews: 1. Ember Sword NFT…
State of crypto, April 2024 https://t.co/rOhsiFjdX3