$ 364 million lost in April to Crypto Hacks, scams: Certik

New Certik estimates suggest that around $ 364 million was lost by crypto -hacks, scams and exploits alone in April.

The cyber security company says that the vast majority of this total, $ 337 million, is related to phishing attacks.

And most of these illegal profits were generated from a single incident, after advanced social engineering tactics were used to steal 3,520 BTC from a wallet.

According to researcher at the chain Zachxbt, The funds were quickly laundered by at least six direct exchanges and exchanged for MineroAs a result, the price of XMR rises by 50%.

On Wednesday, Zachxbt confirmed That the victim was “an older person in the US” who had held the crypto since 2017.

Other remarkable incidents in April include an attack of $ 7.5 million on the decentralized Exchange Kiloex, which was linked to a “Price Oracle Exploit”.

Another $ 5.8 million was stolen from Walking Cale, with more than $ 5 million tapped from an airdrop contract from Ethereum Scaling Protocol ZKSync.

According to Certik, all three of these crypto platforms have succeeded in earning funds from Hackers of Witte Hat.

The data from April is a clear jump of losses of $ 28.8 million confirmed In March. But it faded compared to the record-breaking $ 1.5 billion stolen in February, when Bybit was the target of a bold hack through the North Korean hack-outfit Lazarus Group.

The findings of Certik come days after the co-founder Ronghui GU warned that the security challenges with which Blockchain is confronted will remain “serious”, despite the fact that this technology becomes “critical global financial infrastructure” in recent years.

He noted that $ 1.67 billion was stolen by malicious actors between January and March a quarter to quarter of 303%-with the most attacks aimed at the Ethereum Ecosystem.

The cyber security company says that phishing attacks are still on the rise, which means that crypto companies and investors must spend extra caution on verifying whether urls and smart contracts are authentic before transfers are made.

Other top tips are the use of cold storage that has been disconnected from the internet, and not sharing information about crypto companies on social media.