Crypto Hack Losses Exceed $630M in April
Crypto hacks in April reached $630M, the highest since February 2025, with KelpDAO and Drift Protocol accounting for 82% of losses. DeFi remains the most targeted sector. #Breaking #Crypto $USDC (-8) ↘
Articles focusing on security measures, security breaches, preventive technologies, and best practices for safeguarding crypto assets.
Crypto hacks in April reached $630M, the highest since February 2025, with KelpDAO and Drift Protocol accounting for 82% of losses. DeFi remains the most targeted sector. #Breaking #Crypto $USDC (-8) ↘
Dubai police, in collaboration with the FBI and China’s Ministry of Public Security, arrested 276 individuals and shut down nine crypto scam centers, revealing significant losses from fraudulent investment schemes. #Breaking #Legal $BTC
Decentralized finance (DeFi) faced a $292 million exploit impacting @KelpDAO and @AAVE, causing a liquidity crunch; however, recovery efforts are underway. Tokenized real-world assets projected to hit $2 trillion by 2028. #Update #Crypto $AAVE
The Canadian government proposes banning crypto ATMs, citing their use in scams and money laundering, while allowing purchases through traditional money services. This follows a surge in fraud cases targeting Canadians. #Update #Crypto $BTC
@Polymarket denies claims of a data breach after a hacker alleged the theft of over 300,000 records, asserting the information is publicly accessible and not compromised. #Update #Crypto
The Blockchain Association lobbies to remove “reputation risk” from bank supervision, potentially expanding crypto firms’ banking access. $XRP price prediction market monitors impact. #Update #Crypto $XRP
Aave raised $207M to cover losses from a major DeFi exploit, with @Mantle and Aave DAO contributing 55,000 ETH. The DeFi United initiative aims to restore market trust. #Breaking #Crypto $AAVE
Fidelity Digital Assets reports $BTC’s Q1 2026 NUPL score at 0.21, placing it in the “Hope-Fear” zone amid a 25% YTD decline. #Update #Crypto $BTC
@Ripple is implementing a multi-stage plan to prepare the XRP Ledger for post-quantum cryptography, targeting full readiness by 2028 amidst rising quantum computing threats. #Update #Crypto $XRP
Freezing 5.6 million dormant $BTC could lead to an immediate repricing, marking one of Bitcoin’s worst trading days, according to developers discussing quantum computing threats. #Update #Crypto $BTC
Bitcoin surpasses $78,000 amid geopolitical tensions; Ethereum dips to $2,334 after peaking at $2,400. KelpDAO hack leads to $293M losses in DeFi. EU sanctions impact crypto operations. #Update #Crypto $BTC $ETH
Bitcoin remains at $78K as the S&P 500 reaches all-time highs, raising concerns about potential risks to BTC price support amid a challenging market for risk assets. #Update #Crypto $BTC
Independent researcher Giancarlo Lelli received 1 BTC from Project Eleven for a quantum hack on elliptic curve cryptography, threatening over $2.5 trillion in assets like $BTC and $ETH. #Breaking #Crypto $BTC
@Coinbase’s Jesse Pollak highlights the rise of AI agents in online payments, with $48M processed via the x402 protocol, enabling seamless blockchain transactions. #Update #Crypto $ETH