Drift Protocol
Drift Protocol $280M exploit took 'months of deliberate preparation'
Drift Protocol said, with “medium-high confidence,” that the recent attack was carried out by the same actors responsible for the $58 million Radiant Capital hack in October 2024.
Drift Protocol Faces Backlash After $285M Hack Amid Suspicious Token Movements
Solana-based perpetual futures exchange Drift Protocol is under intense community scrutiny following a devastating $285 million exploit and a series of controversial moves by insiders during the crisis. Blockchain analytics platform Onchain Lens flagged a wallet tied to the Drift team that deposited 56.25 million DRIFT tokens worth approximately $2.44 million into centralized exchanges Bybit and Gate shortly after the attack.
Drift Hack Fallout : Circle Faces Sharp Criticism for Not Freezing Stolen USDC
Stablecoin issuer Circle's (NYSE:CRCL) operations have come under sharp scrutiny following the recent $285 million exploit of Drift Protocol, a prominent decentralized perpetual futures exchange on the Solana blockchain.
Drift Seeks Talks With Hackers After $285 Million Solana DeFi Exploit
Solana-based decentralized exchange Drift said it is willing to negotiate with hackers allegedly tied to North Korea after a reported $285 million exploit, underscoring how major DeFi incidents are increasingly being handled through ad hoc ‘settlement' talks rather than purely technical recovery efforts or law enforcement action. According to PANews, Drift reached out following the attack as it works to contain the fallout and trace stolen assets.
Circle Under Fire Over $285M Drift Hack
Circle faces backlash after ZachXBT said it missed a six-hour window to freeze USDC as $285M from the Drift hack moved through its rails.
Circle Faces Heat From ZachXBT Over Inaction During $285M Drift Hack
Blockchain investigator ZachXBT has publicly accused Circle of failing to freeze stolen USDC as it moved through the company's own cross-chain infrastructure during the $285 million Drift Protocol exploit on April 1, 2026 — raising pointed questions about when and
Why Circle Refused to Freeze $285M in Stolen USDC During the Drift Protocol Hack
The stablecoin issuer Circle is under intense scrutiny following its response to this week's $285 million theft from the Drift protocol.
Circle's USDC Under Fire After $285M Drift Hack Exposes Stablecoin Freeze Dilemma
The $285 million Drift protocol hack has reignited debate over whether Circle, issuer of the USDC stablecoin, should have done more to prevent stolen funds from moving freely across blockchains. Blockchain security firm PeckShield confirmed that approximately $71 million in USDC was directly siphoned during the exploit.
Circle under fire after $285 million Drift hack over inaction to freeze stolen USDC
Prominent blockchain sleuth ZachXBT alleged faster action by Circle could have limited crypto losses, but freezing asset without legal authorization carries legal risks.
Drift Protocol Hack 2026: What Happened, Who Lost Money, and What's Next
A Solana-based perpetual futures exchange lost $286 million in 12 minutes on April 1, 2026, after attackers spent three weeks quietly manufacturing fake collateral and socially engineering the protocol's signers. The incident has been the most topical discussion in crypto circles over the last few days.
Analysts implicate North Korea's Lazarus hacker group in Drift Protocol exploit
The Drift Protocol exploit is linked to the DPRK Lazarus Group, which also performed the Bybit and Ronin Bridge hacks, the biggest in crypto space.
North Korean Hackers Suspected in $285 Million Drift Protocol Heist
Attackers drained approximately $285 million from Drift Protocol — the largest decentralized perpetual futures exchange on Solana — on April 1, emptying its vaults in roughly 12 minutes and bridging most stolen funds to Ethereum within hours.
