Drift Protocol, exploited for up to $285M, may have lasting repercussions on Solana DeFi and lending as a whole. The incident exposed significant whale funds, showing the ongoing weakness in Web3 ...
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A major decentralised finance (DeFi) platform has suffered a suspected exploit exceeding $270 million, with onchain data showing large volumes of assets rapidly moved to a single wallet. Blockchain ...
Solana-based perpetual futures exchange Drift Protocol fell victim to a large-scale security breach on April 1, 2026. On-chain monitoring firms reported that attackers siphoned roughly $285 million in ...
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The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for ...
In just the first few months of 2026, DeFi has struggled with hacks and exploits, including a loss topping $600 miillion in April. Estimates place the total pilfered at around $750–800 million, driven ...
After the $285 million Drift hack, the focus is shifting to Circle (CRCL) and whether it could have done more to stop the money. The attacker siphoned off roughly $71 million in USDC as part of the ...
Elliptic said Thursday the $285 million Drift Protocol exploit, the largest this year, carries “multiple indicators” of North Korea’s state-sponsored DPRK hacker group involvement. The research firm ...
Circle had several hours or days to freeze illicit USDC funds in many of the 15 cases presented, but failed to act, according to ZachXBT. Onchain detective ZachXBT claims that Circle, the issuer of ...