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Crypto Bandits Swipe $364M in April—Security Firm CertiK Sounds Alarm
Crypto Bandits Swipe $364M in April—Security Firm CertiK Sounds Alarm
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Another month, another heist—crypto’s ’trustless’ ecosystem just coughed up $364 million to hackers and scammers in April alone. CertiK’s latest report reads like a digital crime blotter, tallying exit scams, flash loan attacks, and good old-fashioned code exploits.
Where’s the money going? Straight into the pockets of anonymous actors who clearly skipped the ’crypto for good’ memo. Meanwhile, exchanges keep playing whack-a-mole with security patches—because nothing says ’decentralized finance’ like begging centralized platforms to freeze stolen funds.
Bonus jab: Wall Street still thinks crypto is the risky one—as if traditional finance hasn’t institutionalized grift for centuries.
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