Hacks, exploits cause over $100 mn in crypto losses in April: Report

The total value of cryptocurrency lost due to hacks, scams and exploits in April 2021 was $103.7m, according to blockchain security firm CertiK. Multiple significant thefts contributed to the figure, with Bitrue Exchange losing $22m and South Korean GDAC having $13m stolen. Additionally, the report recorded $74.5m worth of crypto being lost to DeFi and other exploits. Nearly half of the $145m lost to such attacks in the first four months of the year was recorded in April. There were also around $20m in losses from flash loan attacks.