Over $600 million have been lost to crypto hacks within the first few months of 2026, most of which have been linked to two attacks by North Korea’s hacking groups. The more significant of the two attacks is the $293 million hack of the Kelp DAO, conducted in April through a point-of-trust vulnerability on the LayerZero messaging system.
The other attack targeted the Drift Protocol in the days following the above attack, costing it $280 million in losses. Hackers are not out merely to take what they can. Instead, they know where to look and how to find it.
