Crypto hacks hit record high in April 2026, impacting Bitcoin, Ethereum sentiment
April 2026 saw a record 29 cryptocurrency hacks, an 81% increase from the previous high, with the Lazarus Group accounting for nearly 95% of the losses. The incidents, particularly affecting DeFi platforms on Solana and Ethereum, have increased market fear and impacted Bitcoin and Ethereum sentiment.
April 2026 has been marked as the worst month on record for cryptocurrency hacks, with 29 incidents reported. The Lazarus Group, a North Korean state-sponsored hacking team, accounted for nearly 95% of the month's losses through major exploits on the Drift Protocol and Kelp DAO. These incidents highlight a shift in attack focus from centralized exchanges to DeFi platforms on Solana and Ethereum. The hacking activity aligns with Lazarus Group's ongoing operations, following their involvement in the $1.4-1.5 billion Bybit heist in February 2025. Market pricing implies continued confidence in Bitcoin maintaining above $68,000 on May 1, despite recent events. Observers should watch for regulatory responses or security enhancements from major DeFi platforms.
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