April Crypto Hack Losses Reach $630M, Highest Since February 2025
Cryptocurrency hack losses exceeded $630 million in April across more than 25 separate incidents, marking the highest monthly total since February 2025.
What happened: Cryptocurrency hack losses exceeded $630 million in April across more than 25 separate incidents, marking the highest monthly total since February 2025. DeFi protocols dominated major exploits, with losses accelerating despite ongoing security improvements across the ecosystem.
Why it matters: The spike in exploit losses suggests that while DeFi protocols implement security upgrades, attackers are simultaneously advancing their techniques faster than defenses can adapt. This $630 million figure represents a significant portion of total DeFi TVL and highlights the ongoing security-innovation tension in decentralized finance.
Source: Cointelegraph