Key Takeaways
- Peckshield tracked 8 bridge exploits through mid-May 2026, with $328.6M drained cumulatively from cross-chain protocols.
- KelpDAO’s $300M Layerzero breach and Drift’s $200M+ attack made April 2026 the worst-hacked month on record, per Defillama.
- Total 2026 hack losses surpassed $750M through mid-April; May’s Verus bridge drain adds $11.5M more.
Crypto’s Worst Year for Cross-Chain Hacks
Blockchain security and data analytics firm Peckshield released a mid-May tally of eight bridge-related exploits that collectively drained $328.6 million from cross-chain protocols so far this year. The figure adds to what has become the worst period on record for decentralized finance ( DeFi) while simultaneously exposing a systemic…
