Cryptocurrency22 Apr 2026SEO 881 min read

Analysis: The Protocol: Kelp DAO exploited for $292 million

Also: DPRK hacking crypto, Aave contagion and Coinbase on quantum computing. Welcome to The Protocol, CoinDesk's weekly wrap of the most important stories…

Also: DPRK hacking crypto, Aave contagion and Coinbase on quantum computing. Welcome to The Protocol, CoinDesk's weekly wrap of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, a reporter at CoinDesk. 2026's biggest crypto exploit: $292 million gets drained from Kelp DAO with wrapped ether stranded across 20 chains North Korea’s crypto heist playbook is expanding and DeFi keeps getting hit Aave could face up to $230 million in losses after Kelp DAO b…

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