Crypto industry suffers huge losses of $103M in April, CertiK reports
Join Our Telegram channel to stay up to date on breaking news coverage In April 2023, the cryptocurrency industry suffered huge losses amounting to more than $103 million. Several issues like cyberattacks, fraudulent activities, and sudden loan demands were responsible for these attacks. Crypto Industry Loses Over $100M in April Due to Cyberattacks and Fraudulent Activities CertiK, a company that specializes in blockchain security and auditing, recently released a report detailing these unfortunate events. According to the report, a total of $103.7 million was lost in April alone, bringing the total loss for the year to $429.7 million. This news is a big blow to the cryptocurrency world, as investors and traders are now left to deal with the aftermath of these losses. The month of April was marked by several significant crypto exploits that caused major losses in the industry . For instance, there was an exploit of multiple MEV trading bots on April 3 that resulted in a los...