How Solana Exchange Drift Plans to Repay Users After $295 Million Crypto Hack
In recent developments, solana’s Drift Protocol says most of the stolen funds linked to North Korean hackers remain traceable—and it has a plan to make victims whole. Looking closer, market…
Circle Internet Group faces class action over failure to stop Drift Protocol …
In recent developments, circle is accused of failing to freeze exploit-linked transfers. Approximately $230 million in stolen funds was routed through Circle’s USDC. Drift plans $147.5 million recovery backed by…
Stablecoin issuer Circle faces lawsuit over $280M Drift Protocol hack
In recent developments, circle was accused of aiding and abetting the conversion of the stolen funds and negligence after it did not freeze funds stolen from the Drift Protocol in…
Tether announces $150M recovery program for Drift Protocol
In recent developments, the Drift Protocol will use the $150 million to relaunch and restore user funds following a $280 million exploit earlier in April. Looking closer, market participants highlight…
Circle stock sinks 10% amid analyst downgrade, Drift Protocol probe
In recent developments, the stablecoin issuer faces pressure after a stock downgrade and Drift Protocol exploit fallout, raising concerns over USDC exposure, crypto regulation and market risk. Looking closer, market…
Crypto attorney says Drift incident may qualify as ‘civil negligence’
In recent developments, the $280 million Drift Protocol attack was likely carried out by threat actors aligned with North Korea state-affiliated hackers. Looking closer, market participants highlight key drivers such…
Drift says $270 million exploit was a six-month North Korean intelligence ope…
In recent developments, attackers posed as a trading firm, met Drift contributors in person across multiple countries, deposited $1 million of their own capital, and waited half a year before…
Drift Protocol $280M exploit took ‘months of deliberate preparation’
In recent developments, 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…
Drift Protocol Hack 2026: What Happened, Who Lost Money, and What’s Next
In recent developments, 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…
Drift sends onchain message to wallets tied to $280M exploit
In recent developments, drift Protocol initiated onchain contact with wallets tied to the $280 million exploit as an unknown sender also attempts to pressure the attacker. Looking closer, market participants…
Echo Protocol Pauses Monad Bridge After Admin Key Breach Sparks $816K Loss
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