April sees $25M in exploits and scams, marking historical low ― Certik

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April sees $25M in exploits and scams, marking historical low ― Certik
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Despite the good news, some notable hacks and scams did occur, including meme coin scam CondomSol and a hack of Bitcoin exchange FixedFloat.

Losses from hacks and scams reached their lowest level since 2022 when Certik first started recording the data, as flash loan attacks and private key hacks decreased.

According to the report, losses from hacks, exploits, and scams were down 141% over the previous month. The decline is mostly due to the lack of private key compromises. In March, there were 11 attacks against protocols via private key compromises, whereas in April there were only 3.Despite this good news for crypto users, some notable hacks and scams during the month caused losses of several hundreds of thousands or even millions of dollars.

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