Drift Protocol Hit by ₱17.28 billion ($285 million) Solana DeFi Hack
Blockchain sleuths first spotted funds leaving Drift Protocol Wednesday afternoon New York time, with the bulk consisting of USDC and tens of millions more in Jupiter Perps, Fartcoin, and wrapped Ethereum. Security firms flagged the movements as suspicious, prompting the protocol to suspend all deposits and withdrawals.
•3 min read