## Cryptocurrency Hacking Losses Spike in April A recent report by ImmuneFi reveals a concerning trend: cryptocurrency hacking losses skyrocketed to approximately $92 million in April. This represents a significant 124% increase compared to the $41 million lost in March. ## DeFi Platforms Under Attack The report highlights that all hacking incidents in April targeted decentralized finance (DeFi) platforms. Fifteen separate incidents were recorded, with the open-source platform UPCX suffering the most substantial blow, losing over $70 million. KiloEx also experienced a significant loss, with hackers making off with $7.5 million. ## No Losses on Centralized Exchanges Interestingly, centralized exchanges (CEX) reported no hacking-related losses during April, suggesting enhanced security measures or a shift in hackers' focus towards the vulnerabilities within the DeFi ecosystem. The substantial increase in losses underscores the importance of robust security audits and proactive measures to protect DeFi platforms from future attacks. ```