2024

April

In April 2024, damage from cybersecurity incidents such as exploits and scams amounted to $25.7 million. 
CertiK experts say the current figure is the lowest seen since 2021. Losses due to cybersecurity exploits decreased by 141% since March. 
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Most losses are due to hacks, with $21 million being compromised in defi attacks. The leader in this category is the attack on the FixedFloat project, which&nbsp;<a href="https://crypto.news/fixedfloat-reportedly-suffers-another-exploit-losing-2-8m/" target="_blank" rel="">was hacked</a>&nbsp;again earlier this month. The team stated that the same attackers who compromised the project in February 2024 are behind it. 
 You might also like: <a href="https://crypto.news/tether-fixedfloat-hack-block/" rel=""> Tether blocks $280k linked to the FixedFloat hack, analyst explains breach </a> 
Exit scams were the second most costly exploit, with a total amount lost equaling $4.3 million. Instant loans, the third most costly incident in this category, saw $129,000 compromised. 
The experts noted that crypto casino ZKasino was not included in the&nbsp;report&nbsp;as the rug pull was <a href="https://crypto.news/zkasino-under-scrutiny-users-face-withdrawal-issues/" target="_blank" rel="">unconfirmed</a>. At the time of writing, it is estimated that $32 million has been lost in the suspected scam. The ZKasino team allegedly collected 10,515 ETH as part of the ZKAS token presale. On April 20, funds&nbsp;were transferred&nbsp;to another address, the withdrawal&nbsp;was blocked,&nbsp;and&nbsp;the Telegram group was closed. 
According to&nbsp;<a href="https://crypto.news/tag/DefiLlama/" target="_blank" rel="">DefiLlama</a> data, as of April 1, total losses from cryptocurrency hacks <a href="https://crypto.news/defillama-crypto-hacks-comprise-7-7b-in-losses-since-2016/" target="_blank" rel="">exceeded</a> $7.7 billion, despite a 23% decline in incidents in the first quarter of 2024 compared to last year. 
Data shows that <a href="https://crypto.news/tag/defi/" target="_blank" rel="">defi</a> protocols have suffered the most losses since 2016, with hackers stealing $5.8 billion from defi over seven years. 
 You might also like: <a href="https://crypto.news/lazarus-group-hackers-launch-new-method-for-cyber-attacks/" rel=""> Lazarus Group hackers launch new method for cyber attacks </a>

CertiK: Damage from hacks, scams reaches lowest level since 2021

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