#drift-protocol2 articles

2 articles

DeFiBearishBlockonomi · 6h ago🔥 8/10

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Drift Protocol Hack: How a North Korean Group Spent Six Months Infiltrating a DeFi Protocol

Drift Protocol suspended all operations after a sophisticated six-month infiltration by a North Korean state-backed group culminating in an exploit on April 1, 2026. The attackers posed as a legitimate trading firm, conducted in-person meetings across multiple countries, and used three attack vectors including a silent code execution flaw in development tools.

DeFiBearishCoinTelegraph · 9h ago7/10

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Drift Protocol $280M exploit took 'months of deliberate preparation'

Drift Protocol suffered a $280 million exploit that required months of deliberate preparation by sophisticated attackers. The protocol believes with medium-high confidence that the same actors behind the $58 million Radiant Capital hack in October 2024 were responsible for this attack.