The crypto market witnessed nearly 40 hacks in April with losses slashed by 67.9% from March.
More than $791 million has been siphoned away by hacks since the start of 2024.
51.7% of losses were due to contract vulnerabilities, while 41.4% were from exit scams.
Losses stemming from hacks in the crypto sector fell by 67.9% in April to $60.2 million, compared to March 2024, as reported by blockchain security firm PeckShield Alert.
According to the report, over 40 hacking incidents drained this sum across multiple protocols within the on-chain ecosystem. While this is significantly lower than the previous months. In March, nearly a total of $187.67 million worth of crypto was exploited, and February recorded $360.83 million, the maximum exploit so far in 2024. Overall, $791 million worth of crypto were lost via these multiple hacks in Q1 2024.
Losses in Crypto Hacks in Q1 2024 (Source: PeckShield)
PeckShield highlights 5 protocols that have been top victims of exploits and h
We współpracy z: https://thenewscrypto.com/crypto-hack-losses-decrease-by-67-9-in-april-report/
