Drift Protocol
Drift exploiter moves $44M through Tornado Cash after months
Drift's attacker moved 23,095 ETH worth $44.4M into Tornado Cash after three months, while ZachXBT declined further solo tracking work on X.
Reflect launches USDC+ recovery program as Drift and Humanity Protocol rebuild after major hacks
Three crypto projects hit by separate exploits this year are choosing different methods of moving forward, and users are currently caught in the crossfire, facing uneven odds of getting their money back.
Reflec Recovery Plan Targets USDC+ Holders Hit by Drift Hack
Reflec has announced plans to launch a recovery plan for USDC+ position holders who were affected by the Drift protocol hack, a security incident that resulted in approximately $286 million in losses. The commitment marks one of the more direct recovery responses from a downstream protocol impacted by the exploit.
Pyra to shut down after Drift exploit derails recovery efforts
Pyra has announced plans to shut down operations after months of efforts to recover from the impact of the Drift exploit, with user withdrawals remaining available until September 15, 2026.
Drift Protocol's Insurance Fund remains intact after risk pause
Drift Protocol's proactive risk management highlights the importance of balancing decentralization with practical safeguards in DeFi. Drift Protocol's Insurance Fund remains intact after risk pause.
Drift says Insurance Fund deposits remain safe after exploit backlash
Drift Protocol says Insurance Fund deposits were not impacted by the exploit and can still be withdrawn after relaunch.
Drift Sparks Crypto Backlash Over Plan to Convert Exploit Funds Into USDT
Exploit amount: The attack on April 1, 2026, resulted in the loss of approximately $285 million after the governance system was compromised. USDT Reserve: Proposal DIP-10 seeks to consolidate residual assets into a stablecoin reserve to support future user reimbursements. Financial support: Tether and other partners have committed up to $147.
Drift faces backlash over plan to convert exploit-linked assets into USDT
Drift's latest recovery proposal has sparked criticism after the protocol moved to convert remaining exploit-linked assets into a USDT-backed settlement pool.
Pi Network consolidates around $0.18 as market weighs long-term narrative against near-term drift
Across major aggregators, Pi Network (PI) is quoted today at roughly $0.179 per PI, with 24‑hour trading volume near $28–35 million. One representative feed has PI at $0.
Drift Protocol Releases Recovery Plan After $295 Million Exploit—Key Details
Drift Protocol announced on Tuesday that it has laid out a recovery plan for users affected by the April 1 exploit, an incident that resulted in a major loss of roughly $295 million in user funds on the lending decentralized exchange (DEX).
Drift Protocol Unveils $295M Recovery Strategy After Devastating Hack
A Solana-based derivatives platform, Drift Protocol, has unveiled its comprehensive recovery strategy following a devastating $295 million security breach that occurred on April 1, 2026. Cybersecurity investigators at Mandiant traced the intrusion to DPRK, a state-sponsored hacking collective operating out of North Korea.
Drift outlines a recovery plan for users after $295 million DPRK-linked exploit
The lending protocol proposed tokenized claims, a revenue-backed pool and a security overhaul as it works with law enforcement to recover the stolen funds.
