Major Crypto Hacks in April 2025 Lead to $357M Loss – Coincu
The post Major Crypto Hacks in April 2025 Lead to $357M Loss – Coincu appeared on BitcoinEthereumNews.com. Key Points: April saw 18 crypto attacks with $357.11 million in losses. Bitcoin was the most affected asset with $330.7 million lost. Recovery efforts saw $14.4 million regained across projects. According to PeckShieldAlert, 18 major crypto attacks occurred in April 2025, resulting in $357.11 million in losses. The largest was an unauthorized Bitcoin transfer of $330.7 million, representing a significant portion of the total losses. Organizations such as KiloEx, zkSync, and Term Labs were successful in recovering $14.4 million, indicating effective post-breach responses. The unauthorized transfer of $330.7 million in Bitcoin exemplifies the financial vulnerabilities within cryptocurrency ecosystems. The recovery efforts by KiloEx, zkSync, and Term Labs underscore the importance of robust security measures and effective recovery strategies. The rise in exploit frequency demonstrates a need for improved preventive measures. April 2025 Crypto Attacks: $357 Million Lost in Security Breaches The unauthorized transfer of $330.7 million in Bitcoin exemplifies the financial vulnerabilities within cryptocurrency ecosystems. The recovery efforts by KiloEx, zkSync, and Term Labs underscore the importance of robust security measures and effective recovery strategies. The rise in exploit frequency demonstrates a need for improved preventive measures. Industry responses highlight the lack of statements from leaders of affected projects, emphasizing the need for transparency and communication in crisis scenarios. On social forums, community members express concerns about security protocols, particularly in Bitcoin transactions. Bitcoin Trades Above $97K Despite Recent Security Failures Did you know? April 2025’s crypto losses mark a rebound from March’s $33 million, though much less than February’s $1.51 billion. These patterns underscore continued high threat levels despite security enhancements. As of May 7, 2025, Bitcoin (BTC) trades at $97,104.38 with a market cap of $1.93 trillion and a dominance of 64.33%. Recent price changes include a 3.48% increase over the past 24 hours, amid activity reflecting trading…
The post Major Crypto Hacks in April 2025 Lead to $357M Loss – Coincu appeared on BitcoinEthereumNews.com.
Key Points: April saw 18 crypto attacks with $357.11 million in losses. Bitcoin was the most affected asset with $330.7 million lost. Recovery efforts saw $14.4 million regained across projects. According to PeckShieldAlert, 18 major crypto attacks occurred in April 2025, resulting in $357.11 million in losses. The largest was an unauthorized Bitcoin transfer of $330.7 million, representing a significant portion of the total losses. Organizations such as KiloEx, zkSync, and Term Labs were successful in recovering $14.4 million, indicating effective post-breach responses. The unauthorized transfer of $330.7 million in Bitcoin exemplifies the financial vulnerabilities within cryptocurrency ecosystems. The recovery efforts by KiloEx, zkSync, and Term Labs underscore the importance of robust security measures and effective recovery strategies. The rise in exploit frequency demonstrates a need for improved preventive measures. April 2025 Crypto Attacks: $357 Million Lost in Security Breaches The unauthorized transfer of $330.7 million in Bitcoin exemplifies the financial vulnerabilities within cryptocurrency ecosystems. The recovery efforts by KiloEx, zkSync, and Term Labs underscore the importance of robust security measures and effective recovery strategies. The rise in exploit frequency demonstrates a need for improved preventive measures. Industry responses highlight the lack of statements from leaders of affected projects, emphasizing the need for transparency and communication in crisis scenarios. On social forums, community members express concerns about security protocols, particularly in Bitcoin transactions. Bitcoin Trades Above $97K Despite Recent Security Failures Did you know? April 2025’s crypto losses mark a rebound from March’s $33 million, though much less than February’s $1.51 billion. These patterns underscore continued high threat levels despite security enhancements. As of May 7, 2025, Bitcoin (BTC) trades at $97,104.38 with a market cap of $1.93 trillion and a dominance of 64.33%. Recent price changes include a 3.48% increase over the past 24 hours, amid activity reflecting trading…
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