Crypto industry reels as April sees highest number of hacks ever
By Tim Craig
AI summary of the source article
In April, a record 29 crypto projects suffered hacks or exploits totaling $635 million in losses, according to DefiLlama data. The largest breaches targeted Drift and Kelp DAO, resulting in a combined $579 million stolen due to centralized vulnerabilities and social engineering. While code bugs caused 24 of the 29 attacks, they accounted for only $42 million of the month's total losses.