North Korea’s crypto heist playbook is expanding and DeFi keeps getting hit
Burns Brief
More than $500 million was siphoned across the Drift and Kelp exploits in just over two weeks Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
More than $500 million was siphoned across the Drift and Kelp exploits in just over two weeks. What once looked like isolated breaches now resembles a sustained campaign, likely driven by the financial needs of a sanctioned state.
Key Takeaways
- More than $500 million was siphoned across the Drift and Kelp exploits in just over two weeks
- What once looked like isolated breaches now resembles a sustained campaign, likely driven by the financial needs of a sanctioned state