The source says losses from attacks on crypto protocols have already exceeded $623 million before the month has ended, underscoring continuing security risks in digital asset infrastructure.
The reported value hacked from crypto protocols has surpassed $623 million in April, with four days still left in the month. The figure points to a sharp level of losses tied to exploits affecting blockchain-based platforms and highlights the persistent vulnerability of smart contract (self-executing blockchain code) systems and other crypto infrastructure. In the digital asset market, monthly hack totals are closely watched because they reflect both direct financial damage and broader confidence risks for users, developers, and investors.