🎉Good news, BTC enthusiasts!🎉 The leading blockchain security firm, CertiK, has reported a significant downturn in losses from crypto-related hacks and scams in April, with losses amounting to approximately $25.7 million. This is a whopping 141% decrease from the previous month! 💪

The breakdown indicates that $4.3 million was lost to exit scams, $129,000 to flash loans, and $21 million to exploits. This promising trend suggests an increase in security within the cryptocurrency industry. 🛡️

A report by Hacken revealed that the crypto industry faced a surge in hacking incidents in the first quarter of 2024, leading to losses of over $824 million across 67 breaches. However, more than half of the stolen funds were successfully recovered or frozen, demonstrating the industry's improved responsiveness to such incidents. 🚀

So, let's keep our fingers crossed for a safer, more secure future in the crypto world! 🌐🔒