Crypto hack losses top $630M in April, highest since February 2025
Burns Brief
Losses from crypto hacks have topped $630 million in April across more than 25 hacks, with DeFi dominating major incidents and exploits accelerating despite security updates The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
Losses from crypto hacks have topped $630 million in April across more than 25 hacks, with DeFi dominating major incidents and exploits accelerating despite security updates.
Key Takeaways
- Losses from crypto hacks have topped $630 million in April across more than 25 hacks, with DeFi dominating major incidents and exploits accelerating despite security updates