March saw a significant surge in cryptocurrency hacks, with blockchain security firm PeckShield reporting a staggering 20 incidents. These breaches resulted in a combined loss of $33.46 million, highlighting the persistent vulnerabilities within the crypto space. Major targets included DeFi platforms and decentralized exchanges. Abracadabra (SPELL) suffered the most substantial blow, losing approximately $13 million. DeFi infrastructure provider Zoth was hit for $8.32 million, and the decentralized exchange 1inch (1INCH) experienced a $5 million loss. These attacks underscore the critical need for enhanced security measures within the cryptocurrency ecosystem. Projects and investors alike must prioritize robust security audits and implement best practices to mitigate the risk of future exploits and safeguard digital assets. The relative ease with which these hacks were executed is concerning and demands immediate attention from the crypto community. ```