Crypto Market Hit Hard by Record Wave of Hacker Attacks in April 2026

The crypto market has suffered a major blow in April 2026, with a record number of hacker attacks resulting in over $635 million in losses. The month saw an average of one new attack per day, with the majority of incidents being large-scale hacks.

The largest damages occurred at the beginning and middle of the month, with the Drift Protocol hack on April 1 resulting in a loss of approximately $285 million. This was followed by several other major attacks, including the Kelp DAO hack for $293 million and the Rhea Finance attack for $18.4 million.

The impact of these hacks has been felt across the market, with numerous smaller incidents also contributing to the overall losses. The cumulative effect is significant, making it one of the most challenging months on record for the crypto industry.