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Crypto hack losses exceeded $630 million in April 2026, the highest monthly total since February 2025, according to DeFiLlama data cited by Cointelegraph. The losses came across more than 25 incidents, with KelpDAO's roughly $293 million hack and Drift Protocol's about $280 million exploit making up most of the monthly damage.
The concentration of losses in DeFi, bridges and access-control failures raises fresh risk premiums for yield protocols, restaking assets and cross-chain liquidity as traders reassess smart-contract exposure.
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