Drift Protocol
Drift Protocol's $285 Million Heist Started With a Handshake and 6 Months of Trust
Drift Protocol (DRIFT) published a detailed incident update on April 5, revealing that the $285 million exploit on April 1 was the result of a six-month intelligence operation attributed to North Korean state-backed actors.
Drift links $280M hack to radiant attackers
Drift said its $280M exploit followed months of planning and linked the attack with medium-high confidence to Radiant hackers.
Drift Protocol Hack: How a North Korean Group Spent Six Months Infiltrating a DeFi Protocol
Mandiant and SEAL911 are investigating a state-backed operation that compromised Drift through social engineering.
Drift Protocol Exploit Took Months to Prepare
Drift says its $280M Solana exploit was a months-long, coordinated operation, likely tied to actors behind the $58M Radiant Capital hack.
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.
