North Korea stole $290M from DeFi. Bitcoin didn't notice. — Apr 20, 2026 | BTC $75,187

EPISODE · Apr 20, 2026 · 5 MIN

North Korea stole $290M from DeFi. Bitcoin didn't notice. — Apr 20, 2026 | BTC $75,187

from The Daily Chain

The base layer held. Everything built on top of it didn't. That's the episode. Lazarus stole $290M from a cross-chain bridge — not from the chain. The chain doesn't have the doors they need. And the money didn't leave crypto. It ran downhill to the hardest floor. The base layer is the bunker. Same weekend: a destroyer fired on a cargo ship, a ceasefire is expiring, fear climbed to 29. The floor held through all of it. What IS the floor built on? Not price. Not DeFi. Not geopolitics. It's built on the chain itself — the thing underneath everything else. Recording from a volcanic shoreline at dawn. Black basalt. The oldest rock on the island. The kind of place where the foundation is visible because nothing covers it. The DeFi layer is the surface water. The base layer is the stone. The stone was liquid once. Now it's the hardest thing here.

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North Korea stole $290M from DeFi. Bitcoin didn't notice. — Apr 20, 2026 | BTC $75,187

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