April 2026 was one of the worst months in Web3 security on record.
In our recent webinar, Hypernative Product Manager Elad Feldman set the table: over $645M lost across more than 60 incidents, and not from fringe projects but from established names with long operating histories. Two of the largest, both over $200M, carried North Korean attributes, pointing to well-resourced operations running over months.
Elad's point for asset managers and institutions in the audience: every logo on the slide was a DeFi-native project, but the price volatility those attacks set off pushed the real cost well past the headline figure, onto everyone with exposure.
Watch the full session:
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