#CertiKSaysAprilCryptoHackLossesHit

According to CertiK, a blockchain security company, the total amount lost to hacks, scams, and exploits this month crossed $650.9 million.

That makes it the worst month for crypto losses since March 2022, when the industry lost roughly $715 million

Major Exploits Drove the Losses

According to CertiK’s data, the majority of losses came from exploit-based attacks rather than phishing or scams.

The largest exploit came from KiloEx, which alone saw losses of about $291.3 million. This was followed by Drift Protocol, with losses of roughly $285.23 million, making it one of the biggest single incidents of the month.

Meanwhile, other notable attacks included Rhea Finance at $18.47 million, Grinex at $16.23 million, and a contract exploit labeled 0x8B84 with losses of around $6.585 million.