Crypto losses spiked by 1,163% over April, with the lion’s share of lost crypto coming from a single heist of an elderly US individual’s wallet, says blockchain security firm CertiK.
CertiK said in an April 30 X post that a total of $364 million was lost to exploits, hacks and scams in April, jumping from the $28.8 million recorded by CertiK in March.
The firm added that white hat exploiters had returned around $18.2 million from exploits on the crypto protocols KiloEx, Loopscale and ZKsync, which brought down the month’s total.
The largest hack in April, and the fifth largest to date, involved an elderly US individual who lost 3,520 Bitcoin (BTC), valued at $330.7 million. The Bitcoin was stolen from their wallet after a hacker used advanced social engineering tactics to gain