In April, the crypto industry suffered losses of $364 million due to hacker attacks, fraud, and breaches, reports CertiK. The bulk of the damage—$337 million—is related to phishing, which has become the dominant threat. The largest incident was the theft of 3,520 BTC from an elderly American investor. The attackers used social engineering, transferred the funds through six platforms, and converted them to Monero, leading to a 50% increase in XMR. In April, there were also attacks on the DeFi protocol Loopscale ($5.8 million) and the ZKsync smart contract (around $5 million). Some of the stolen funds were recovered thanks to 'white hat' hackers. These losses significantly exceed those of March—$28.8 million—but are less than the record February, when $1.5 billion was stolen due to the Bybit hack. Experts advise investors to check website and smart contract addresses, use cold wallets, and not disclose information about savings on social media. Overall, attacks on the crypto sphere continue to rise, increasing risks for market participants.$BTC$BNB$XRP
