Certik, a leading blockchain security firm, reported on April 30, 2025, that the crypto industry lost approximately $364 million to exploits, hacks, and scams in April, with $18.2 million returned, resulting in a net loss of $345.8 million. The firm highlighted that $337 million of the total losses stemmed from phishing attacks, underscoring the persistent threat of social engineering in Web3 ecosystems. Positive developments included whitehat exploiters returning funds to Kiloex, Loopscale, and zkSync, with Loopscale recovering $5.8 million. Certik’s findings reflect a sharp rise in losses compared to March’s $28.8 million, emphasizing the ongoing challenge of securing digital assets against increasingly sophisticated phishing schemes.

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