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🔒💰 Big ups to #CryptoSecurity! April saw a whopping 141% decrease in losses from crypto-related scams & hacks, with only $25.7M lost, according to blockchain security firm CertiK. Breakdown: $4.3M to exit scams, $129K to flash loans, $21M to exploits. 📉 This is a huge drop from the $824M lost across 67 breaches in Q1 2024, as reported by Hacken. The trend? Bad actors targeting high-profile targets. 👏 But here's the kicker: more than half of the stolen funds, nearly $444M, were recovered or frozen. This shows a massive improvement in the industry's response to such incidents. 👀 What do you think about this positive shift? Let's chat in the comments! #DeFi #Web3 #CryptoNews

🔒💰 Big ups to #CryptoSecurity! April saw a whopping 141% decrease in losses from crypto-related scams & hacks, with only $25.7M lost, according to blockchain security firm CertiK. Breakdown: $4.3M to exit scams, $129K to flash loans, $21M to exploits.

📉 This is a huge drop from the $824M lost across 67 breaches in Q1 2024, as reported by Hacken. The trend? Bad actors targeting high-profile targets.

👏 But here's the kicker: more than half of the stolen funds, nearly $444M, were recovered or frozen. This shows a massive improvement in the industry's response to such incidents.

👀 What do you think about this positive shift? Let's chat in the comments! #DeFi #Web3 #CryptoNews

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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