DeFi Hacks: $621M Lost in April 2026

DeFi platforms bled $621 million from hacks in April 2026, a brutal hit that screams for heavier investments in security to shield users. Richard Teng, Binance's CEO, flagged this massive loss on Twitter, pushing the industry to ramp up protections amid rising DeFi security risks and crypto hack losses. Traders eye this as a wake-up call, especially with Bitcoin and BTC markets volatile, demanding ironclad blockchain vulnerability fixes to avoid deeper crypto market crash scenarios.