Apr 27, 2026

In the first 24 days of April, cryptocurrency protocols experienced losses exceeding $606 million due to hacks and exploits, according to a report from Yahoo Finance. This marks the worst month for theft since a February 2025 incident involving Bybit that resulted in the loss of $1.4 billion. Two separate attacks were responsible for 95% of the damage this month: one occurred on April 1 within a project in the Solana ecosystem, and the other took place on April 18 within a project in the Ethereum ecosystem. Both incidents have been linked to North Korea’s Lazarus Group hackers. The breaches were not caused by code bugs or aggressive cyberintrusions but rather resulted from…