A nearly $331 million Bitcoin phishing scam pushed crypto losses in April to $364 million, jumping up from under $29 million lost in March.
Crypto losses spiked by 1,163% over April, with the lion’s share of lost crypto coming from a single heist of an elderly US individual’s wallet, says blockchain security firm CertiK.
CertiK said in an April 30 X post that a total of $364 million was lost to exploits, hacks and scams in April, jumping from the $28.8 million recorded by CertiK in March.
The firm added that white hat exploiters had returned around $18.2 million from exploits on the crypto protocols KiloEx, Loopscale and ZKsync, which brought down the month’s total.
