Drift Protocol $280M Hack: Solana DeFi Exploit via Social Engineering A devastating blow struck the crypto world on April 1 as Drift Protocol, a Solana-based decentralized finance (DeFi) platform, suffered a $280 million exploit. Unlike the usual smart contract bugs or flash loan attacks, experts suspect this heist was a cunning act of social engineering, […]
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Solana-Based DeFi Platform Drift Protocol Suffers $270 Million Cyberattack A catastrophic cyberattack has struck Drift Protocol, a decentralized finance (DeFi) platform on the Solana blockchain, resulting in the theft of over $270 million in crypto assets. Reported by onchain analytics firm Lookonchain, this exploit exposes glaring security flaws in the DeFi space and casts a […]
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Drift Protocol $270M Hack: Solana DEX Suffers Major DeFi Exploit A devastating blow has struck the decentralized finance (DeFi) world as Drift Protocol, a prominent decentralized exchange (DEX) on the Solana blockchain, lost over $270 million in a brazen exploit within a single hour. This staggering theft, potentially the largest Web3 attack in recent years, […]
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