Drift Protocol
Drift $280M crypto theft linked to 6-month in-person operation
The Drift Protocol says that the $280+ million hack it suffered last week was the result of a long-term, carefully planned operation that included building “a functioning operational presence inside the Drift ecosystem.” On April 1st, the Solana-based trading platform detected unusual activity that was followed by confirmation that funds had been lost in a sophisticated attack […]
Drift loses $280 million North Korean hackers seize Security Council powers
The Drift Protocol lost at least $280 million after a threat actor took control of its Security Council administrative powers in a planned, sophisticated operation. Blockchain intelligence firms Elliptic and TRM Labs linked the attacks to North Korean threat actors, based on multiple on-chain indicators consistent with DPRK tradecraft. These include Tornado Cash usage, CarbonVote deployment timing (09:30 Pyongyang time), cross-chain […]