Crypto industry reels as April sees highest number of hacks ever

DLNews Staff

(01:43 PM UTC)

1 min read

April saw a record number of crypto hacks.
Single points of failure are a growing concern.
Code bugs were the cause of the vast majority of incidents.

April was a bad time for the crypto industry.

Over the past month, 29 crypto projects have suffered hacks or exploits, the highest monthly tally in the industry’s history, per DefiLlama data.

Among them were two standouts: The hacks of Solana-based…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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