New Delhi, July 2 -- By the numbers that usually matter most in crypto security, this should have been a quiet year. Total dollar losses to hacking are running behind the record pace set in 2025. By the number that matters more, it has been the worst stretch the industry has ever tracked: roughly one exploit a day through April, and a second quarter that blockchain analytics firm TRM Labs now counts as the most-hacked quarter in crypto's history, at about 70 separate incidents.

two attacks linked to North Korean state-backed hacking groups, the April 1 strike on Drift Protocol and the April 18 hit on KelpDAO, together accounted for 76 percent of everything stolen from crypto platforms so far this year, according to TRM Labs. Take those t...