Here’s your cleaned version with all bold formatting removed:

April 2026 has been one of the toughest months for crypto security in a long time.

In just three weeks, over $606M has been lost across 13+ incidents already 3–4x higher than total losses in Q1 2026. The closest comparison is the Bybit hack February 2025, which saw $1.46B drained.

What stands out isn’t just the number it’s the concentration.

Two exploits alone Drift (~$285M) and KelpDAO (~$293M) account for nearly 95% of the damage.

Drift was a human-layer failure (compromised admin keys + oracle manipulation).
KelpDAO exposed deeper infrastructure risks through cross-chain message spoofing.

The takeaway is clear:
DeFi’s biggest risks are no longer just smart contract bugs but failures in systems, infrastructure, and security practices.

Bridges remain fragile.
Key management is still a weak point.
Oracles can be manipulated under the right conditions.

And while innovation is moving fast, security isn’t keeping up.

AI is accelerating both attackers and defenders but right now, offense has the edge.

If DeFi is to scale sustainably, the focus has to shift:
better key management, safer bridge design, stronger oracles, and real-time monitoring.

April isn’t just a bad month it’s a signal.