Crypto Hacks Hit $647M, Renewed Systemic Risks for DeFi in April 2026

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April 2026 is recorded as one of the most volatile months where more than 40 attacks extracted a total of about $647 million from the ecosystem. This figure represents a mind-boggling 1,140% more than the relatively low $52.2 million in losses incurred back in March alone — pointing to an increase not only in the frequency of cyber exploits but their impact as well. According to reports based on on-chain analysis, attackers are getting smarter, faster, and more coordinated, and targeting higher value DeFi protocols. As revealed by insight from PeckShieldAlert, the increase is not just quantitative, it has even

The post Crypto Hacks Hit $647M, Renewed Systemic Risks for DeFi in April 2026 appeared first on The Merkle News.

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