Crypto News

Crypto Exploit, Losses of fraud fall to $ 28.8 million in March after February spikes

Losses for crypts fraud, exploits and hackers fell only $ 28.8 million in March, away from February spikes to 1.5 billion dollars after the hacker of BATIB.

The vulnerabilities of the code were lost the most, and over $ 14 million, while the wallet compromises were used to steal over $ 8 million, ClocCchain Security Firm Certik said at 1. April post on X.

The most significant loss for the moon was $ 13 million on the 25th March Smart Contracts of Decentrivated Credit Explokit Abracadabra.Money protocol.

Crypto Exploit, Losses of fraud fall to $ 28.8 million in March after February spikes

After the accounting for returned funds, a total of $ 28.8 million was stolen through explosions, hacks and frauds in March. Source: Certic

In a separate report 27. Marta, Blockcach Security Firm said“The attacker could borrow funds, liquidates himself, and then re-borrowing funds without repayment.”

“This is due to the liquidation process, I have not transcribed the records in a group that counts as collateral, allowing exploitation to lend additional funds after liquidation,” confirmation said.