Crypto hacks hit record high in April as exploits kept piling up
April saw a record number of crypto hacks, with over 20 incidents, though dollar losses were not record-breaking.Summary
April marked a record high for cryptocurrency hacks, with the number of incidents exceeding 20 for the first time, according to DeFi Llama. While the total dollar amount stolen did not reach record levels, the sheer volume of exploits is notable. The largest single exploit of the month was KelpDAO's $292 million incident, which caused significant fallout in the DeFi space, leading to emergency loans and donations. Other major hacks included Drift Protocol's $280 million exploit and a $2.5 million incident involving Hyperbridge. Notably, some of these exploits, like those at Drift and KelpDAO, were attributed to social engineering targeting individuals with admin keys rather than traditional code bugs. Drift Protocol linked its exploit to a six-month intelligence operation, potentially involving North Korean actors. The month also saw a widespread drain of hundreds of Ethereum mainnet addresses.
(Source：The Block)