In April 2024, the damage from cybersecurity incidents, including exploits and scams, amounted to $25.7 million. According to CertiK experts, this figure is the lowest seen since 2021, with losses due to cybersecurity exploits decreasing by 141% since March.
Most of the losses were a result of hacks, with $21 million compromised in defi attacks. The FixedFloat project was a leader in this category, experiencing another hack earlier this month. The team reported that the same attackers responsible for the February 2024 compromise were behind this incident.
Exit scams were the second most costly exploit, with a total amount lost equaling $4.3 million. Instant loans ranked third, with $129,000 compromised.
Experts mentioned that the crypto casino ZKasino was not included in the report due to an unconfirmed rug pull. However, it is estimated that $32 million has been lost in this suspected scam. The ZKasino team allegedly collected 10,515 ETH during the ZKAS token presale. On April 20, funds were transferred to another address, the withdrawal was blocked, and the Telegram group was closed.
According to DefiLlama data, as of April 1, total losses from cryptocurrency hacks have exceeded $7.7 billion, despite a 23% decline in incidents in the first quarter of 2024 compared to the previous year.
Data reveals that defi protocols have suffered the most losses since 2016, with hackers stealing $5.8 billion from defi over seven years.
Lazarus Group hackers have launched a new method for cyber attacks.