The number of crypto security incidents hit a record high in April, with more than 20 vulnerability incidents occurring in a single month.

CoinFeed reported on May 1st that, according to The Block, DeFiLlama data shows that the number of security incidents in the crypto industry reached a record high in April, with more than 20 vulnerability incidents occurring in a single month. Cryptocurrency commentator Stacy Muur estimated that as of Wednesday, there had been 24 hacking incidents, resulting in losses exceeding $600 million. The KelpDAO attack, amounting to approximately $292 million, was the largest single incident that month, followed by the Drift Protocol attack, which was approximately $280 million. Drift Protocol previously stated that the attack it suffered was part of a "structured intelligence operation" that lasted approximately six months. Another notable incident was the Polkadot ecosystem protocol Hyperbridge, which lost $2.5 million due to cross-chain message forgery.