Crypto Losses Skyrocket 1,100% in April: Certik Reveals Major Hack & DeFi Exploits

A stark rise in crypto losses has been reported this past April, with blockchain security firm CertiK revealing a staggering increase of 1,163%. The lion’s share of these losses came from a single high-profile hack targeting an elderly US individual’s wallet, resulting in the theft of 3,520 Bitcoin (BTC) worth $330.7 million. CertiK’s report reveals that crypto thefts soared to $364 million in April, exceeding March’s modest $28.8 million figure.