Horrific Losses in April
April has been a haunting month for cryptocurrency investors. Within a month, the industry lost about 364 million USD to scams, hacks, and phishing attacks. Notably, over 337 million USD of these losses resulted from phishing attacks, marking the worst month of the year.
Serious Phishing Attack
A notable case is that of a senior U.S. citizen who lost 3,520 Bitcoin, worth over 330 million USD, in a phishing attack on April 30. This is one of the five largest hacks in cryptocurrency history.
Increase Vigilance
April witnessed a more than 1100% increase in losses compared to March, which only had 29 million USD. Even excluding the massive Bitcoin theft, losses still reached 34 million USD, a 21% increase.
Cyber Attack Pandemic
One of the largest attacks of the year occurred in February, with losses of 1.53 billion USD from the 1.4 billion USD hack of Bybit, suspected to have been carried out by the Lazarus Group from North Korea.
Support from Ethical Hackers
Nonetheless, some white-hat hackers helped recover around 18.2 million USD for platforms like KiloEx, Loopscale, and zkSync. These hackers identified vulnerabilities and returned funds to projects, assisting in warning and addressing security issues.
Future of Cryptocurrency Security
The lesson from April is a wake-up call for both users and developers. For cryptocurrency to grow securely, security must be the focus of every discussion.
Source: https://tintucbitcoin.com/364-trieu-usd-mat-vi-lua-dao-trong-tien-dien-tu/
Thank you for reading this article!
Please Like, Comment, and Follow TinTucBitcoin to stay updated with the latest news on the cryptocurrency market and not miss any important information!
