Crypto hacks hit $647M across 40 incidents in April 2026, up 1,140% from March, with DriftProtocol and KelpDAO exploits in top 10 since 2021.

According to @lookonchain, the DriftProtocol exploiter, who stole over $270 million in assets, converted them into USDC and bridged USDC to Ethereum to purchase ETH. Simultaneously, Circle minted $500 million USDC on the Solana blockchain, potentially influencing market liquidity.