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Image Credit: Bitcoinist

April Marks A Record Low In Crypto Hacks And Scams: A Sign Of Strengthening Security?

  • Crypto hacks and scams reached a record low in April, signaling improved security measures.
  • Total crypto losses from hacks and scams in April were approximately $25.7 million, the lowest since 2021.
  • Exit scams accounted for about $4.3 million in losses, while flash loan attacks resulted in $129,000 in losses.
  • Exploits contributed to the majority of the financial damage, totaling $21 million.

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