TechFlow news, according to the latest data from blockchain security firm CertiK, approximately $25.7 million in cryptocurrency assets were lost in April due to hacks, exploits, and scams—marking a record low since the company began tracking such data in 2021.
CertiK noted that total crypto losses in April dropped 141% compared to the previous month. Exit scams accounted for about $4.3 million in losses, flash loan attacks caused around $129,000 in losses, while smart contract vulnerabilities resulted in approximately $21 million in losses. According to earlier statistics from blockchain security company Immunefi, the cryptocurrency industry lost a total of $336 million to hacks and fraud during the first quarter of 2024. In contrast, hackers stole roughly $1.8 billion in crypto assets throughout 2023, down by half from the $4 billion stolen in the prior year.
