Crypto Hacks Steal $606M in April, Trigger $13B DeFi TVL Drop and Outflow Panic

Reports confirm over $606 million stolen from crypto protocols in April's first 24 days, with two Lazarus Group attacks accounting for 95% of losses in Solana and Ethereum ecosystems. These breaches caused massive DeFi outflows, including $8.4 billion from Aave in 48 hours and $1.6 billion from Ethereum on April 24, slashing total DeFi TVL by more than $13 billion. While sparking investor flight to custody and price tumble fears, analysts see the dips as temporary buying opportunities for Ethereum and Solana, urging cold storage over DeFi exposure.