Related: Bitcoin volatility lowest in 563 days, Hayes predicts $1M BTC by 2028State-backed threats raise alarmsThe report comes nearly two months after Bybit exchange lost over $1.4 billion on Feb.21 — the largest hack in crypto history.“The sheer scale of the attack shows how state-backed actors are arguably the most pressing threat to our industry,” according to Mitchell Amador, Founder and CEO of Immunefi.“This is a reminder of the need for security measures that protect the entire security stack and help protocols prevent catastrophic attacks before they happen,” Amador told Cointelegraph, adding:“Protocols must be built for resilience under the assumption that attackers will find a way in, and investors must assume that even the safest-looking interfaces or emails might be traps.”He called for protocols to adopt a “zero-trust” approach and implement more robust protections across the entire technology stack.
Hackers made off with $92 million of digital assets across 15 incidents in April, according to an April 30 research report by blockchain cybersecurity firm Immunefi.
Source: ImmunefiThe month’s largest hack on open-source platform UPCX accounted for most of the damage in April, with over $70 million in losses, while KiloEx lost $7.5 million as April’s second-largest hack.
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Author / Journalist: Cointelegraph by Zoltan Vardai
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