Crypto Sector Faces Over $600 Million in Hacks in April, Raising Concerns About Market Stability
In April 2026, the cryptocurrency sector experienced over $606 million in losses due to hacks and exploits, marking the worst month for theft since the Bybit breach in February 2025. The majority of the damage was caused by two major attacks linked to North Korea's Lazarus Group, affecting projects in the Solana and Ethereum ecosystems. The incidents have led to capital flight from DeFi protocols, raising concerns about further price declines.
Topics: crypto_hacks decentralized_finance Ethereum Lazarus_Group security_incidents Solana