There was a total of 18 major hack attacks in the crypto currency market in April and about 357.11 million dollars were lost in these attacks. After a loss of $ 33.46 million in March, a serious leap was seen in the lost funds. Unauthorized Bitcoin $97,063.27 Procedures, security deficits in decentralized stock exchanges and use of protocol weaknesses triggered the damage. Market analysts say security measures should be reviewed urgently.
Crypto money attacks and losses in April
According to Peckshieldalert data, 18 major hack attacks in April caused a total of 357.11 million dollars of damage. In March, a loss of $ 33.46 million was reported. Thus, the rate of increase in the funds lost in the attacks was lost. Among the attacks, a Bitcoin transaction alone caused 330.7 million dollars of loss. Other violations were made over using the protocol deficits and using the security gaps in the decentralized stock exchanges.
During the January -March period, the losses were recorded as 87.25 million, 1.51 billion and 33.46 million dollars respectively. The loss of $ 1.51 billion in February came to the forefront as the highest damage of this year. Although the figures in April reduce the monthly average, the fragility of the sector continues. Analysts emphasize that non -decentralized financial protocols should expand their security tests comprehensively.
Collaborations and applications in the recovery of losses
In some cases, platforms went to quick collaborations to reduce damage. The $ 7.5 million loss of $ 7.5 million in Kirex was taken back with Binance partnership. In the ZKSYNC attack, a significant portion of $ 5.4 million damage was compensated by a similar method. These examples show the power of solidarity.
The decentralized finance protocol, Loopscale, experienced a violation of $ 5.8 million on April 26th. The protocol officials managed to return all the funds stolen by the attackers as a result of the negotiations. It was announced that users were not touched. The process sent positive signals about cooperation models in the sector.
Mopholabs and similar protocols have also targeted for the month. In the Bybit attack in February, Ethereum worth $ 1.4 billion 
$1,835.43 He was stolen, but no clear information was shared yet about the recovery. The fund transformations of the attackers, such as efforts to turn Ethereum into Bitcoin, were also recorded. All these developments are fundamentally questioning the security strategies of crypto currency networks.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
