$577M Stolen in 18 Days… And It’s Worse Than You Think

$577M Stolen in 18 Days… And It’s Worse Than You Think

From Coin Bureau by Coin Bureau

May 7, 2026 · 16 min

About this episode

The episode discusses a significant $577M hack in the DeFi space orchestrated by North Korean operatives and the implications for crypto security.

Millions were drained in minutes. North Korean state operatives weren’t just hacking — they were working inside top crypto protocols, building trust, writing code, and draining treasuries when nobody was watching. The Ketman Project and Ethereum Foundation just exposed a threat every crypto investor must understand.We break down exactly how the Lazarus Group pulled off the $577M DeFi hit, why industry defense models are now broken, and how your Web3 wallet might already be in the crosshairs. If you think DeFi is safe, think again

People in this episode

Host: Coin Bureau

Topics covered

  • crypto security
  • DeFi hacks
  • North Korea
  • Lazarus Group
  • Ethereum
  • Web3 threats

Keywords

  • crypto
  • DeFi
  • hack
  • North Korea
  • Ethereum
  • Lazarus Group
  • Web3
  • security
  • threats

Mentioned in this episode

Organizations: North Korean state operatives, Ketman Project, Ethereum Foundation, Lazarus Group, DeFi

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