Verus bridge exploiter returns $8.5M after bounty offer

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Source: PeckShield DeFi hacks surged to a cumulative $634 million worth of value stolen in April, data aggregator DefiLlama shows. The $280 million Drift Protocol exploit and the $293 million Kelp exploit represented the largest incidents of the month. Total hacked by monthly sum, all-time chart. Source: DefiLlama Losses have fallen sharply in May, with DefiLlama data showing roughly $38 million stolen so far this month. Related: Crypto VC funding plunges to $659M in April, hits near two-year low Still, cryptocurrency hacks remain one of the biggest hurdles halting mainstream blockchain adoption. During the past decade, crypto hackers stole over $17 billion across 518 recorded incidents, with the majority stemming from compromised private keys, alongside phishing and other credential-based attacks, Cointelegraph reported on April 21. Magazine: The legal battle over who can claim DeFi’s stolen millions More on the subject

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