
Crypto phishing attacks plummet in April, reaching a yearly low of $38 million
Crypto phishing incidents on 'X' drive April's record low theft totals.
Follow crypto hack news, exploits, bridge attacks, protocol breaches, and security lessons from major incidents across Web3.

The DeFi protocol backtracked earlier statements connecting the exploit of its platform to a USDC vulnerability.

The reduced theft was attributed to the absence of significant private key compromises during the month.

Hedgey confirmed that it was investigating an exploit on its platform.

The hacker was ordered to forfeit $12.3 million and pay $5 million in restitution.

The move occurred amid a major dip in Bitcoin that took its price to a weekly low of $64,500 per BTC before bouncing above the key $65,000 support level.

This is the second attack on the FixedFloat platform in two months, after losing over $26 million previously.



