Drift Protocol got hit hard. The decentralized finance platform lost more than $200 million on April 1 when hackers drained user accounts in what's becoming one of the biggest DeFi exploits this year.
Lookonchain flagged a suspected $270M Drift Protocol exploit earlier today, with assets moved to wallet HkGz4K as Solana traders watch for fallout.
Drift Protocol lost over $270M in an organized hack, with the funds immediately swapped on-chain, moved to Ethereum, and awaiting to be mixed in a move widely used by DPRK hackers.
The reported incident could be a $200 million exploit of the decentralized crypto exchange due to a leak of a crypto wallet private key.