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The crypto market in April is experiencing a "security storm."
So far this month, at least 13 protocols/platforms have been hacked, with total losses exceeding $600 million 💥
Among them, there have been massive incidents close to "$300 million level" in a single event, with some attacks traced back to hacker groups related to North Korea.
📉 Several key incidents are very typical:
🔴 Drift Protocol (Solana ecosystem perpetual contract platform)
Stolen approximately $285 million, with attackers planting backdoors weeks in advance, ultimately transferring funds in a very short time, exemplifying "long-term lurking + lightning harvest."
🔴 Kelp DAO (re-staking protocol)
Approximately $292 million in assets affected, triggered contract errors by forging cross-chain message vulnerabilities, directly breaching risk controls.
🔴 Other projects (such as Hyperbridge, Rhea Finance, etc.)
Were individually compromised due to cross-chain verification vulnerabilities and contract logic issues, with losses ranging from hundreds of thousands to tens of millions of dollars.
💡 The core signal of this matter is actually very clear:
🚀 The positive side:
The more attacks there are, the more it indicates that on-chain funds are large and complex enough, and hackers' "targeted gains" are increasing, which also indirectly shows that DeFi is still expanding, not contracting.
⚠️ But the risks are more tangible:
Cross-chain, re-staking, liquidity wrapping, and other complex structures are becoming high-risk attack zones. The more complex the technology, the larger the attack surface, and systemic risks are being amplified.
💡 Core point:
👉 The current problem in the crypto industry is not "whether there is risk," but "risks have already entered an industrialized attack phase."
Hackers are no longer probing single points but are engaging in "long-term layout + precise assault."
In one sentence:
The market is evolving, but hackers are also evolving—security is becoming the biggest invisible cost in the crypto industry 🔐📉