According to CertiK, a cybersecurity and audit company, over $103 million was stolen from crypto projects in April as a result of hacker attacks.
CertiK specialists published on Twitter a report on exploits, cases of fraud and hacking of cryptocurrency platforms. Since the beginning of the year, the total losses of users amounted to $429.7 million, but April was especially overshadowed by major incidents.
So, at the very beginning of the month, the attacker carried out an attack on the Ethereum blockchain, replacing the usual MEV transactions of bots with malicious ones, which allowed him to steal more than $25 million . exchange GDAC, whose losses total more than $13 million.
In addition, the past month has been rife with quick credit attacks. The largest losses occurred in the DeFi Yearn.Finance protocol – hackers appropriated almost $11 million worth of crypto assets.
The total amount of funds stolen as a result of cryptocurrency fraud in April reached $9.4 million. CertiK analysts added the decentralized exchange Merlin to this category with a loss of $2.7 million. Previously, no vulnerabilities were identified in the smart contracts of the exchange.
However, CertiK said it is investigating the issue of private key management on the exchange. CertiK has already warned that the activity of hackers and cryptocurrency scammers will not decrease in 2023, so the company’s specialists are monitoring new attack methods.