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Crypto hacks hit record $450M in two weeks, Bitcoin market unfazed

Large-scale crypto hacks totaling about $450 million across 45 protocols in two weeks — including a $280 million exploit on Drift — have so far not moved markets: Bitcoin prediction markets show near-certain odds for BTC above $60K on April 19 (99.9–100% YES) with 24‑hour volume roughly $19.6K in USDC. Traders appear unconcerned in the short term; Solana’s similar prediction market sits at 100% YES with no recent trades. The story highlights growing security risks (and AI-enabled attacker capabilities) that could erode confidence over longer horizons, but immediate market impact is minimal according to prediction‑market pricing and volumes.

Category

Bitcoin

Sentiment

Neutral

Event

Market data

Reading time

1 min