Crypto Bloodbath: $364M Vaporized in April Hacks and Scams—CertiK Sounds Alarm

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2025-05-01 10:59:12

$364 Million Lost in April to Crypto Hacks, Scams: CertiK

Crypto’s ’trustless’ ecosystem just got a brutal reality check—$364 million evaporated last month thanks to exploits and rug pulls. Security firm CertiK’s latest report reads like a hacker’s shopping list.

DeFi protocols bled out while regulators twiddled their thumbs. The irony? Banks would’ve been crucified for losing 0.1% of that sum. But hey, decentralization means no refunds—feature, not bug.

Silver lining? At least the thieves are sticking to Web3’s ’code is law’ ethos—just not the way Satoshi envisioned.

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