April’s crypto scams, exploits and hacks lead to $103M lost — CertiK

On April 30, crypto security and auditing company CertiK published an April roundup of crypto hacks, scams, and exploits, exposing overall funds lost in April was $103.7 million, bringing the year-to-date total loss to $429.7 million.The month was particularly spoiled with significant crypto exploits, such as $25.4 million lost due to an exploit of a number of MEV trading bots on April 3, $22 million stolen in a hot wallet make use of at the Bitrue exchange and the hack of South Korean GDAC exchange leading to a loss of $13 million.April 2023 crypto exploits. Source: CertiKThe total lost to crypto and DeFi exploits in the month amounted to $74.5 million, making up around half of the overall $145 million made use of in the very first 4 months of the year, according to CertiK.The month likewise saw around $20 million lost to flash loan attacks, led generally by Yearn Finance after a hacker exploited an old clever agreement on April 13. Source: CertiKRelated: One crypto wallet released 114 dodgy memecoins in 2 monthsAccording to De.Fis Rekt Database, there were over 50 crypto exploits, rip-offs, hacks, and rug pulls in April.