• Advertise with us
  • Pricing
  • Submit News
Instagram Twitter Facebook Telegram Youtube Linkedin
EdaFace Newsfeed
EdaFace Newsfeed
  • News

    Main News

    • Crypto News
    • Bitcoin and BTC
    • Altcoin News
    • Security & Hacks
    • ICO & Token Sales
    • Interviews & Profiles

    Information

    • Press Release
    • Research Report
    • Regulations, Law & Policy
    • Community/Guest Post
    • Events & Conferences
    • Tutorials & Guides

    Market

    • Technical Analysis
    • Price Analysis
    • Cryptocurrency Price Prediction
    • DeFi (Decentralized Finance)
    • Mining & Staking

    Other Categories

    • NFTs & Digital Art
    • Opinion & Editorials
    • Tech Innovations
  • Price Analysis
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
More
  • News
  • Price Analysis
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
Reading: $634 million was stolen in April! Why are the balances changing in crypto security?
Share
Sign In
EdaFace Newsfeed
EdaFace Newsfeed
  • EdaFace Home
  • Edaface News
    • EdaFace News
    • Advertisement
    • Pricing
    • Submit News
  • News
    • Price Analysis
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
  • Contact Us
  • EdaFace Home
  • Edaface News
    • EdaFace News
    • Advertisement
    • Pricing
    • Submit News
  • News
    • Price Analysis
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
  • Contact Us
EdaFace Newsfeed > Latest News > Crypto News > $634 million was stolen in April! Why are the balances changing in crypto security?
Crypto News

$634 million was stolen in April! Why are the balances changing in crypto security?

vitalclick
Last updated: June 11, 2026 1:37 pm
8 hours ago
Share
SHARE

Rapid progress in artificial intelligence models may have tipped the cybersecurity balance in favor of attackers. Mitchell Amador, Chief Executive of bug bounty platform Immunefi, said in his evaluation at the WAIB Summit in Monaco that new generation artificial intelligence has increased attacks in the field of decentralized finance again.

Increased risk of attack with artificial intelligence

According to Amador, the proliferation of new models, especially Claude Opus 4.8 and ChatGPT 5.5, was effective in the re-acceleration of attacks against crypto asset platforms in 2026. According to him, this process paved the way for software vulnerabilities to be found faster and for malicious actors to act more effectively.

Immunefi CEO Mitchell Amador stated that there is a critical period ahead for the crypto industry, and security pressure may continue until defense teams use the same artificial intelligence tools to their advantage.

Industry-wide attacks rose sharply in April 2026, according to DefiLlama data. Over $634 million in assets were stolen from crypto platforms during this period. This figure was recorded as the highest monthly level since the Bybit attack in February 2025, bringing total losses to approximately 1.4 billion dollars.

Mini dictionary: DefiLlama is an on-chain data platform that compiles total locked assets, transaction volume and attack data on decentralized finance protocols. It is among the frequently used sources in the industry, especially for comparative data regarding the DeFi ecosystem.

The coming years are seen as critical

Amador stated that the next three to four years will be a kind of endurance test for the crypto industry. He said that during this period, defense teams should develop code infrastructures that are strong enough for attackers to overcome, using the protective capabilities of the same artificial intelligence tools.

He stated that this period could be reduced to less than two years if more community-contributed security solutions are adopted. According to the assessment, the current pressure may weaken as security researchers begin to use artificial intelligence more effectively on the defense side.

DeFi attacks are on the agenda again

Amador’s statements came right after Anthropic announced the new Claude Mythos model called Fable 5. Concerns have been expressed in the industry about the possibility of this model accelerating crypto exploits. Anthropic, on the other hand, announced that topics such as cyber security were directed to a different model, Claude Opus 4.8, and that there are various protections in this area.

Security discussions have become even more visible due to the recent major DeFi vulnerabilities. On April 19, an attacker withdrew approximately 116,500 staked Ether from the rsETH bridge using the Kelp DAO’s LayerZero infrastructure. At that time, the value of these assets was estimated to be between $290 million and $293 million.

Mini dictionary: DVN, or decentralized validator network, is a security layer used to verify cross-chain messages. In this structure, if verification remains too dependent on a single path or a single verifier, a single point of failure may occur in the system.

LayerZero noted that Kelp DAO’s 1/1 DVN configuration creates a single point of failure by relying on a single validator path for cross-chain messages. The company stated that this installation was not recommended before. The incident brought the relationship between architectural choices in protocols and security consequences to the agenda again.

Disclaimer: The information contained in this content is not investment advice. Please note that cryptocurrencies involve high volatility and therefore risk. It is recommended that you make your investment decisions based on your own research and risk assessments. You can review our Trust Center page for detailed information.

You Might Also Like

Ripple IPO in 2026? Analysts Rank XRP Firm Among Top $50 Billion Public Listing Candidates

Schwab Analyst Warns Quantum Computing Is Bitcoin’s ‘Number One Threat’

GENIUS Act Sparks Clash as Banks Push to Limit Stablecoin Yields

We Have 6 Big Reasons for a 2026 Crypto Bull, 2025 Was Just a Hoax

They Are Close to Surpassing Satoshi Nakamoto! Investor Influx to Spot Bitcoin ETFs Before the US Presidential Elections!

TAGGED:Cryptocurrency
Share This Article
Facebook Twitter Email Print
Previous Article Chainlink Price Rises as Wallet Growth Hits 3-Year High — What’s Next for LINK?
Next Article SpaceX’s IPO Will Trigger a Crash In Stocks and Crypto?
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Crypto Live Widget

Follow for Live Updates
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad imageAd image
Popular News
Why Ethereum is Poised to Explode to $4,600 Sooner Than You Think!
Five Altcoins With 100x Potential To Buy Now
ETF Approvals, Regulatory Frameworks, and Market Dynamics
Top News, Bitcoin and Altcoin Volatility, Major Hacks, and DeFi Investments
RCO Finance (RCOF) Captures The Future

Company

  • Vision
  • Mission
  • LitePaper
  • Whitepaper
  • Core Values
  • Branding
  • Teams
  • Career Listing
  • FAQ
  • Welfare Donations

Products

  • EDA Coin
  • Blockchain Literature
  • EdaFace Dex
  • EdaFace Mall
  • Listing Platforms
  • Newsfeed
  • NFT Marketplace
  • P2P Market
  • Scam Verification Centre
  • School of Crypto

Legal

  • Term of Use
  • Privacy Policy
  • Disclaimers
  • Contact Us
  • Chat Forun

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

EdaFace

About US

EdaFace is a user interface aggregator that brings all the various functionalities of the crypto industry onto a single platform! You can advertise, launch and crowdfund your crypto project via EdaFace Launchpad and Newsfeed.

Contact us: [email protected]

Follow us

Instagram Twitter Facebook Telegram Youtube Linkedin

Copyright © 2022 – 2026. EdaFace is a product of Emerging Digital Age (EDA) Pty Ltd. All Rights Reserved.

Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
EdaFace
Welcome Back!

Sign in to your account

Lost your password?