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Updated 21 April 2026 at 04:47 amCoinCex editorial review

North Korea's Cryptocurrency Theft Operations Are Widening, and DeFi Remains the Primary Target

#Tech Hack Web3 News

Over $500 million was drained through the Drift and Kelp exploits within roughly two weeks. What appeared to be separate incidents now looks more like a coordinated, ongoing campaign—most likely tied to the financial pressures facing a heavily sanctioned state.

More than $500 million was siphoned across the Drift and Kelp exploits in just over two weeks. What once looked like isolated breaches now resembles a sustained campaign, likely driven by the financial needs of a sanctioned state.
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North Korea's Cryptocurrency Theft Operations Are Widening, and DeFi Remains the Primary Target