Q1 was rough for the crypto market, but there’s a silver lining—hacks and scams dropped drastically in March. After February’s $1.5B Bybit hack, losses fell to just $28.8M, marking a huge decline in exploits.

🔻 March's Biggest Crypto Exploits

> $13M https://t.co/2JTVoxetp6 (@MIM_Spell) attack – Smart contract loophole allowed repeated borrowing and liquidation.

> $8.4M @zothdotio exploit – Deployer wallet compromised, leading to massive fund outflows.

> Code vulnerabilities caused $14M in losses, while wallet hacks stole another $8M.

> A #Coinbase user reportedly lost 400 $BTC ($34M), though it’s not in official reports.

> Phishing scams are rising, with over $46M potentially lost to fake exchange websites.

Tho, @1inch recovered $5M after negotiating a bounty deal with an attacker.

In conclusion, March’s drop in exploit losses is positive, but security risks remain high. As phishing scams grow and smart contract vulnerabilities persist, are we just one major hack away from another billion-dollar loss month?