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Home Videos

$577M Stolen in 18 Days… And It’s Worse Than You Think

DeFi Daily News by DeFi Daily News
April 28, 2026
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7M Stolen in 18 Days… And It’s Worse Than You Think
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Millions were drained in minutes. North Korean state operatives weren’t just hacking — they were working *inside* top crypto protocols, building trust, writing code, and draining treasuries when nobody was watching. The Ketman Project and Ethereum Foundation just exposed a threat every crypto investor must understand.

We break down exactly how the Lazarus Group pulled off the $577M DeFi hit, why industry defense models are now broken, and how your Web3 wallet might already be in the crosshairs. If you think DeFi is safe, think again.

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~~~~~

~ TIMESTAMPS ~

0:00 – $285M Hack in 12 Minutes: Lazarus Strikes Again
2:00 – Inside the $292M Kelp DAO Exploit & What Went Wrong
4:10 – The Ketman Project: North Korean Agents Infiltrating Crypto Firms
6:20 – Fake Developers, Real Threat: How Infiltration Actually Works
8:30 – Why Traditional Security Models Are Failing in Web3
10:40 – The Permissionless Problem: Crypto vs State-Level Hackers
13:00 – Can DeFi Survive This? The Future of Crypto Security

~~~~~

📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#crypto #northkorea #ethereum

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Tags: 577Mcoin bureaucrypto auditcrypto collapsecrypto councilcrypto hackcrypto investigationcrypto launderingcrypto molescrypto protocolsCrypto Scamcrypto securitycrypto theftcrypto theft 2026crypto threatdaysDeFi exploitdefi hackDeFi inside jobDeFi riskdrift protocolEthereum FoundationKelp DAOKetman ProjectLazarus GroupNorth Korea hackNorth Korean cybercrimersETHsolana hackstate actor hackStolenTraderTraitorWeb3 securityWorse
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