Crypto hack losses top $630M in April, highest since February 2025

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 cryptocurrency industry has seen a sharp spike in hacks in April, with losses topping $600 million in the worst month for crypto hacks in more than a year.

According to DeFiLlama, the total value hacked in April so far amounted to $629.7 million, the highest since $1.47 billion in February 2025. With KelpDAO’s $293 million hack and Drift Protocol’s $280 million exploit accounting for 82% of the monthly losses, decentralized finance (DeFi) has taken the unwanted crown as the most targeted sector over the past month.

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