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Reading: North Korea’s Lazarus Group linked to $577M in crypto hacks this month
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Bitcoin

North Korea’s Lazarus Group linked to $577M in crypto hacks this month

Editor
Last updated: April 24, 2026 3:05 am
Editor
Published: April 24, 2026
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North Korea’s Lazarus Group linked to 7M in crypto hacks this month


North Korea’s Lazarus Group has been linked to 2 crypto exploits this month: the $285 million Drift Protocol assault and the $292 million KelpDAO breach, which collectively account for 75% of all crypto thefts in 2026 up to now. The market predicting one other $100M+ hack by December 31 sits at 100% YES.

Market response

Buying and selling quantity available in the market is successfully zero, however not from disinterest. With odds locked at 100% YES, there isn’t any motive to commerce until some sudden safety shift modifications the calculus. Shopping for YES at 100¢ pays $1, which means no upside stays.

Why it issues

Hacks have occurred each 2.9 days this 12 months. The Lazarus Group’s two April assaults alone complete $577 million, and their involvement factors to state-backed operations concentrating on DeFi protocols particularly. The market’s 100% certainty displays a easy calculation: on the present tempo and scale, one other $100M+ exploit earlier than year-end is a near-mathematical inevitability fairly than a probabilistic guess.

What to look at

Monitor ZachXBT, Chainalysis, and Elliptic for affirmation of latest exploits or shifts in Lazarus Group techniques. CertiK and SlowMist audits might floor protocol vulnerabilities earlier than they’re exploited. Any main coordinated safety overhaul throughout DeFi protocols could be the one improvement able to transferring this market off 100%, although nothing of that sort is presently underway.

Get prediction market intelligence as a structured API feed. Early entry waitlist.

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