Crypto hackers stole $17B over past 10 years: DefiLlama
Cointelegraph DeFi·60-word summary·1 min read
Crypto hackers have stolen approximately $17 billion over the past decade, according to DefiLlama. The report highlights that private key compromises are the primary cause of these losses, with recent DeFi exploits indicating that attackers are increasingly targeting private keys rather than just smart contract vulnerabilities. This shift underscores evolving security challenges in the crypto space.
TokenPost launched ‘Token Korea Watch’ to monitor over 450 digital asset projects on South Korean exchanges amid rising DeFi risks and recent hacks. The initiative aims to improve transparency and protect investors, following a series of high-profile incidents in April that heightened concerns over undisclosed information and market manipulation. The move reflects increased efforts to enhance security in the evolving crypto landscape.
Arbitrum has frozen 30,766 ETH linked to the KelpDAO exploit as of April 2026. Following the freeze, ZachXBT reported that the attackers started transferring funds from Ethereum mainnet to Bitcoin. The move aims to prevent further asset movement and mitigate potential losses, highlighting ongoing security concerns within the DeFi ecosystem.
The Kelp DAO hacker began moving stolen funds after Arbitrum froze approximately $71 million in ETH on April 20, 2026. Investigators tracked transfers from Ethereum to Bitcoin via THORChain and smaller amounts through Umbra. Security firms estimate up to $176 million may have been moved across various platforms following the exploit.
Crypto scammers are now targeting the Strait of Hormuz, with reports indicating they impersonate Iranian authorities to demand crypto payments for passage clearance. This new scam wave raises security concerns for maritime trade in the region, highlighting the increasing use of crypto fraud tactics in geopolitical hotspots. Authorities warn traders to stay vigilant against such schemes.
Lazarus Group, linked to North Korea, is suspected of draining about $292 million in rsETH from KelpDAO on April 18, 2026. The group has previously stolen billions in crypto. The attack involved moving $175 million in ETH after Arbitrum froze $71 million from the KelpDAO exploit, highlighting ongoing security threats from state-backed hackers.
Mature Security Operations Centers (SOCs) maintain fast Mean Time to Response (MTTR) by addressing structural issues, not just analyst numbers. The article highlights five practices that help security teams reduce MTTR, emphasizing that delays often stem from inadequate threat intelligence rather than staffing. Effective threat intelligence integration is crucial for minimizing dwell time and preventing data breaches, service disruptions, and regulatory risks.