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‘DeFi is dead’: crypto community scrambles after this year’s biggest hack exposes contagion risk

Crypto

‘DeFi is dead’: crypto community scrambles after this year’s biggest hack exposes contagion risk

cryptovert April 20, 2026 1 min read

Developers and traders warn of structural risks as a cross-chain exploit spreads fear and prompts billions to flee DeFi platforms.

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Previous: 2026’s biggest crypto exploit: $292 million gets drained from Kelp DAO with wrapped ether stranded across 20 chains

Next: Web3 VCs have a differentiation problem

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