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driftprotocol

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​🚀 BREAKING: Drift Protocol Relaunch Update! An important update is coming from the crypto space! Drift Protocol's Product Lead, Minh Don, confirmed on the official Discord channel that the team is working on optimizing the old codebase and adding better features. 🛠️ Key Highlights: Relaunch Timeline: The relaunch of Drift Protocol's forked exchange is expected in May or June this year. Focus: The team's goal is to make the codebase strong and secure so that users have a better trading experience. Background: You may recall that Drift Protocol recently suffered a major attack, resulting in losses of over $285 million. The team's efforts are a major step toward getting the platform back on track and improving security. Do you think Drift Protocol will be able to regain its previous position after the relaunch? Share your opinion in the comments! 👇 $TRADOOR $AXS $APE #DriftProtocol #CryptoNews #BlockchainSecurity #TradingUpdate
​🚀 BREAKING: Drift Protocol Relaunch Update!

An important update is coming from the crypto space! Drift Protocol's Product Lead, Minh Don, confirmed on the official Discord channel that the team is working on optimizing the old codebase and adding better features. 🛠️

Key Highlights:

Relaunch Timeline: The relaunch of Drift Protocol's forked exchange is expected in May or June this year.

Focus: The team's goal is to make the codebase strong and secure so that users have a better trading experience.

Background: You may recall that Drift Protocol recently suffered a major attack, resulting in losses of over $285 million.

The team's efforts are a major step toward getting the platform back on track and improving security.

Do you think Drift Protocol will be able to regain its previous position after the relaunch? Share your opinion in the comments! 👇
$TRADOOR $AXS $APE
#DriftProtocol #CryptoNews #BlockchainSecurity #TradingUpdate
#DriftProtocol #solana #Tether 🛡️💰 Following a $285 million social engineering breach, the Drift protocol receives a $150 million bailout package, primarily funded by Tether (up to $127.5 million). This will compensate affected users and relaunch the protocol with enhanced security measures and support from the Solana Foundation, further solidifying USDT's position on the network. 🔄✅ $BTC {spot}(BTCUSDT)
#DriftProtocol
#solana
#Tether

🛡️💰 Following a $285 million social engineering breach, the Drift protocol receives a $150 million bailout package, primarily funded by Tether (up to $127.5 million). This will compensate affected users and relaunch the protocol with enhanced security measures and support from the Solana Foundation, further solidifying USDT's position on the network. 🔄✅

$BTC
BIGGEST CRYPTO EXPLOITS OF APRIL April was marked by a wave of major crypto exploits: #DriftProtocol Exploit date: April 1, 2026 Amount lost: $285M The attack relied on social engineering to compromise multisig governance and used Solana’s durable nonces to pre-sign admin transfers weeks in advance, allowing the attackers to bypass security and execute the exploit within minutes. #KelpDAO Exploit date: April 18, 2026 Amount lost: $293M The attacker tricked LayerZero's cross-chain messaging layer into believing a valid instruction had arrived from another network, which triggered Kelp's bridge to release 116,500 rsETH to an attacker-controlled address. The attack is attributed to the North Korea-linked Lazarus Group.
BIGGEST CRYPTO EXPLOITS OF APRIL

April was marked by a wave of major crypto exploits:

#DriftProtocol

Exploit date: April 1, 2026
Amount lost: $285M

The attack relied on social engineering to compromise multisig governance and used Solana’s durable nonces to pre-sign admin transfers weeks in advance, allowing the attackers to bypass security and execute the exploit within minutes.

#KelpDAO

Exploit date: April 18, 2026
Amount lost: $293M

The attacker tricked LayerZero's cross-chain messaging layer into believing a valid instruction had arrived from another network, which triggered Kelp's bridge to release 116,500 rsETH to an attacker-controlled address. The attack is attributed to the North Korea-linked Lazarus Group.
$DRIFT {future}(DRIFTUSDT) DRIFT/USDT is trading around 0.0354 on the 15-minute chart, after local consolidation. The demand zone below 0.0345–0.0340 acts as support, while the supply above 0.0375–0.0380 creates a barrier to growth. MACD shows a weak momentum recovery, so the setup is suitable for cautious longs with a stop below the support zone. #DRIFT #DriftProtocol #Tecnicalanalaysis
$DRIFT

DRIFT/USDT is trading around 0.0354 on the 15-minute chart, after local consolidation. The demand zone below 0.0345–0.0340 acts as support, while the supply above 0.0375–0.0380 creates a barrier to growth. MACD shows a weak momentum recovery, so the setup is suitable for cautious longs with a stop below the support zone.

#DRIFT #DriftProtocol #Tecnicalanalaysis
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Bullish
You know you’re deep in Web3 when “Drift” doesn’t mean sliding your car in Tokyo but trading crypto at lightning speed. 🚗💨📉 Enter $DRIFT Protocol — the decentralized exchange (DEX) that’s open-sourced, high-speed, and built for degenerates… I mean, traders 😏 — all on the blazing-fast Solana blockchain. Forget waiting for Ethereum block confirmations like you’re in a government queue. With Drift on Solana, your trades fly faster than your grandma chasing a crypto scammer. 💨🧓🏼🛡️ No middlemen. No lag. No nonsense. Just you, the market, and possibly a bag of copium if you long the top again. 📉💀 Plus, it’s open-source. So if you’re a dev with caffeine and ambition, you can peek under the hood and maybe even contribute. Or at least pretend you understand Rust. 🧑‍💻 #DriftProtocol #SolanaDEX #CryptoTrading {alpha}(CT_501DriFtupJYLTosbwoN8koMbEYSx54aFAVLddWsbksjwg7)
You know you’re deep in Web3 when “Drift” doesn’t mean sliding your car in Tokyo but trading crypto at lightning speed. 🚗💨📉

Enter $DRIFT Protocol — the decentralized exchange (DEX) that’s open-sourced, high-speed, and built for degenerates… I mean, traders 😏 — all on the blazing-fast Solana blockchain.

Forget waiting for Ethereum block confirmations like you’re in a government queue. With Drift on Solana, your trades fly faster than your grandma chasing a crypto scammer. 💨🧓🏼🛡️

No middlemen. No lag. No nonsense. Just you, the market, and possibly a bag of copium if you long the top again. 📉💀

Plus, it’s open-source. So if you’re a dev with caffeine and ambition, you can peek under the hood and maybe even contribute. Or at least pretend you understand Rust. 🧑‍💻

#DriftProtocol
#SolanaDEX #CryptoTrading
🚨 BREAKING: Drift Protocol Exploited – $286M at Risk Solana’s Drift Protocol just got hit. An exploit linked to CVT tokens has reportedly compromised ~$286M. If you use Solana, don’t panic — but do this NOW 👇 🔐 Safety Checklist: 1. Revoke token approvals for Drift & CVT 2. Move funds to a new hardware or fresh hot wallet 3. Avoid interacting with any Drift frontend until official all-clear 4. Check transactions via Solscan for unauthorized activity This is spreading fast. Stay ahead. Stay safe. Stay paranoid. #DriftProtocol #solana #exploit #CryptoSecurity #Write2Earn
🚨 BREAKING: Drift Protocol Exploited – $286M at Risk

Solana’s Drift Protocol just got hit. An exploit linked to CVT tokens has reportedly compromised ~$286M.

If you use Solana, don’t panic — but do this NOW 👇

🔐 Safety Checklist:

1. Revoke token approvals for Drift & CVT
2. Move funds to a new hardware or fresh hot wallet
3. Avoid interacting with any Drift frontend until official all-clear
4. Check transactions via Solscan for unauthorized activity

This is spreading fast. Stay ahead.

Stay safe. Stay paranoid.

#DriftProtocol #solana #exploit #CryptoSecurity #Write2Earn
#DriftProtocolExploited 📉 Drift Protocol: A Short Horror Story Trader: "I'm going to use 20x leverage to finally buy that Corolla." Drift Protocol: "Best I can do is a 'Liquidation' notification and a broken heart." 1. The "Magic" Trick Drift Protocol is basically the David Copperfield of DeFi. You put your money in the hat, they wave a smart contract, and poof—it’s gone! 🎩✨ 2. The Morning Routine Nothing wakes you up faster than a double espresso... except opening Twitter to see #DriftExploited trending while your life savings are still parked in their vaults. ☕️😱 3. Career Change Before the exploit: "I'm a Sophisticated DeFi Yield Strategist." After the exploit: "Does McDonald's hire people with experience in 'unplanned wealth redistribution'?" 🍟 4. The Name Game They called it "Drift" because your funds don't just stay in one place—they slowly (or very quickly) drift away into a hacker's cold wallet. 🛶💸 5. Quick Hits for the Feed: The Exploiter: "I didn't steal it, I just stress-tested the protocol without asking." 🧪 The Devs: "We are investigating the issue..." (Translation: We are currently hiding under our desks). The Community: "Buy the dip!" (Bro, the dip just fell through the floor and is headed for the Earth's core). 🌋 Note to self: Next time a protocol promises "low slippage," make sure they aren't talking about my entire balance slipping into the void. #DriftProtocol #DeFi #CryptoMemes #WAGMI (Maybe Not Today) $BTC $ETH $BNB {spot}(BTCUSDT) {spot}(SIGNUSDT)
#DriftProtocolExploited
📉 Drift Protocol: A Short Horror Story
Trader: "I'm going to use 20x leverage to finally buy that Corolla."
Drift Protocol: "Best I can do is a 'Liquidation' notification and a broken heart."
1. The "Magic" Trick
Drift Protocol is basically the David Copperfield of DeFi. You put your money in the hat, they wave a smart contract, and poof—it’s gone! 🎩✨
2. The Morning Routine
Nothing wakes you up faster than a double espresso... except opening Twitter to see #DriftExploited trending while your life savings are still parked in their vaults. ☕️😱
3. Career Change
Before the exploit: "I'm a Sophisticated DeFi Yield Strategist."
After the exploit: "Does McDonald's hire people with experience in 'unplanned wealth redistribution'?" 🍟
4. The Name Game
They called it "Drift" because your funds don't just stay in one place—they slowly (or very quickly) drift away into a hacker's cold wallet. 🛶💸
5. Quick Hits for the Feed:
The Exploiter: "I didn't steal it, I just stress-tested the protocol without asking." 🧪
The Devs: "We are investigating the issue..." (Translation: We are currently hiding under our desks).
The Community: "Buy the dip!" (Bro, the dip just fell through the floor and is headed for the Earth's core). 🌋
Note to self: Next time a protocol promises "low slippage," make sure they aren't talking about my entire balance slipping into the void.
#DriftProtocol #DeFi #CryptoMemes #WAGMI (Maybe Not Today)
$BTC $ETH $BNB
🚨UPDATE: EARLY ANALYSIS BY @ARXSTV SHOWS @DRIFTPROTOCOL HACKER ALLEGEDLY BEGAN LAYING GROUNDWORK 3 WEEKS AGO On-chain analysis by Ares shows the hacker allegedly used a fake token 3 weeks before the exploit, the minting 750M of "CarbonVote Token" (CVT) and created a raydium pool with $500 of liquidity They then used a compromised drift admin key today to list CVT as a new spot market on Drift which started the process for their $250M+ exploit So far, this is potentially the 9th largest exploit in DeFi history 👉 Click Here To Trade $DRIFT 👈 #DRIFT #ADPJobsSurge #DriftProtocol
🚨UPDATE: EARLY ANALYSIS BY @ARXSTV SHOWS @DRIFTPROTOCOL HACKER ALLEGEDLY BEGAN LAYING GROUNDWORK 3 WEEKS AGO

On-chain analysis by Ares shows the hacker allegedly used a fake token 3 weeks before the exploit, the minting 750M of "CarbonVote Token" (CVT) and created a raydium pool with $500 of liquidity

They then used a compromised drift admin key today to list CVT as a new spot market on Drift which started the process for their $250M+ exploit

So far, this is potentially the 9th largest exploit in DeFi history

👉 Click Here To Trade $DRIFT 👈

#DRIFT #ADPJobsSurge #DriftProtocol
📢 SOL Trader Loses $4M After Drift Protocol Hack A Solana whale, HXiRSK, took a massive hit following the Drift Protocol exploit. Originally holding 91,891 SOL($16M), he panic-sold 47,401 SOL (~$4M loss) to cut risk. The hack drained $200M+ from the protocol, forcing a temporary halt on deposits and withdrawals. SOL market sentiment turned sharply negative as panic selling spread. 💭 What do you think — is this just panic or a signal of deeper SOL weakness? 👇 $SOL #DriftProtocol #WhaleAlert #CryptoCrash
📢 SOL Trader Loses $4M After Drift Protocol Hack

A Solana whale, HXiRSK, took a massive hit following the Drift Protocol exploit. Originally holding 91,891 SOL($16M), he panic-sold 47,401 SOL (~$4M loss) to cut risk. The hack drained $200M+ from the protocol, forcing a temporary halt on deposits and withdrawals. SOL market sentiment turned sharply negative as panic selling spread.

💭 What do you think — is this just panic or a signal of deeper SOL weakness? 👇

$SOL #DriftProtocol #WhaleAlert #CryptoCrash
💥 Drift Protocol Breach: suspicious transfer of over $270 million Over $270 million in assets has been transferred to the wallet HkGz4K..., raising serious concerns about the security of the protocol. This event calls into question the reliability of user fund protection. Stay tuned for updates and be cautious with your assets. 🛡️ #DriftProtocol #CryptoSecurity #Solana #exploit #BinanceSquareУкраїна
💥 Drift Protocol Breach: suspicious transfer of over $270 million

Over $270 million in assets has been transferred to the wallet HkGz4K..., raising serious concerns about the security of the protocol.

This event calls into question the reliability of user fund protection. Stay tuned for updates and be cautious with your assets. 🛡️

#DriftProtocol #CryptoSecurity #Solana #exploit #BinanceSquareУкраїна
Drift links $270M exploit to long-term North Korean operation #DriftProtocol said a $270M exploit was the result of a six-month operation attributed to a North Korean state-affiliated group. The attackers reportedly posed as a trading firm, built relationships with contributors, and deposited their own funds before carrying out the attack. Drift warned that the incident highlights risks in existing security models, particularly for protocols relying on multisig governance.
Drift links $270M exploit to long-term North Korean operation

#DriftProtocol said a $270M exploit was the result of a six-month operation attributed to a North Korean state-affiliated group. The attackers reportedly posed as a trading firm, built relationships with contributors, and deposited their own funds before carrying out the attack.

Drift warned that the incident highlights risks in existing security models, particularly for protocols relying on multisig governance.
200 million dollars gone! Drift Protocol was hacked, and it's another pitfall of the 'multi-signature'!You think it's safe, but it's actually their ATM. Brothers, another big thunder exploded last night. Drift Protocol was hacked for over 200 million dollars! This is not some small dog project; it's a DeFi protocol that ranks high in the Solana ecosystem. Where is the problem? I read the technical report and felt chills down my spine. A week ago, they changed the contract from the original multi-signature to '2/5 multi-signature, and there is no timelock.' What does that mean? It means that among 5 people, if 2 agree, they can directly modify the contract and move funds without any buffer time. What's even crazier is that among these 5 people, 1 is an old signer, and 4 are new.

200 million dollars gone! Drift Protocol was hacked, and it's another pitfall of the 'multi-signature'!

You think it's safe, but it's actually their ATM.
Brothers, another big thunder exploded last night. Drift Protocol was hacked for over 200 million dollars! This is not some small dog project; it's a DeFi protocol that ranks high in the Solana ecosystem.
Where is the problem?
I read the technical report and felt chills down my spine. A week ago, they changed the contract from the original multi-signature to '2/5 multi-signature, and there is no timelock.' What does that mean? It means that among 5 people, if 2 agree, they can directly modify the contract and move funds without any buffer time. What's even crazier is that among these 5 people, 1 is an old signer, and 4 are new.
​🚨 Urgent Update: Massive Movements from the Hacker's Drift Protocol Wallet! ​The hacker (Exploiter) has now transferred all the stolen assets worth over $270 million to ETH currency. ​📊 Transaction Details: ​The amount transferred: 129,066 pieces of $ETH. ​Current market value: approximately $273 million. ​This step places huge amounts of Ethereum under the control of a single entity, necessitating close monitoring of price movements and any upcoming liquidation attempts. ​#أخبار_الكريبتو #إيثيريوم #DriftProtocol #اختراق #ETH #OnChain $DRIFT {future}(DRIFTUSDT)
​🚨 Urgent Update: Massive Movements from the Hacker's Drift Protocol Wallet!

​The hacker (Exploiter) has now transferred all the stolen assets worth over $270 million to ETH currency.

​📊 Transaction Details:
​The amount transferred: 129,066 pieces of $ETH.
​Current market value: approximately $273 million.

​This step places huge amounts of Ethereum under the control of a single entity, necessitating close monitoring of price movements and any upcoming liquidation attempts.

#أخبار_الكريبتو #إيثيريوم #DriftProtocol #اختراق #ETH #OnChain $DRIFT
CryptoInMENA
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​🚨 Urgent Warning: The Drift Protocol is at Risk of Being Hacked!

​It seems that the Drift Protocol platform is facing a serious security event at this moment; massive suspicious transfers exceeding $270 million in assets have been detected to the following wallet:

​📍 Suspicious Address:
HkGz4KmoZ7Zmk7HN6ndJ31UJ1qZ2qgwQxgVqQwovpZES
​A number of this size raises significant concern, and if the hack is confirmed, it will be one of the largest blows to the DeFi sector recently.

​⚠️ Advice: Please exercise extreme caution and follow the official channels of the protocol immediately.

$DRIFT
{future}(DRIFTUSDT)

​#CryptoNews #DriftProtocol #Exploit #DeFi #Hacked #Solana #Blockchain


Silence breaks fast in crypto. Drift Protocol just got hit for around $285M in what’s being described as one of the biggest DeFi exploits of 2026 so far. Early reports point to a social engineering-led attack tied to pre-signed durable nonce transactions, where attackers reportedly manipulated governance approvals instead of simply “breaking the code.” Investigators say the drain happened in minutes, with funds moved cross-chain soon after, while Drift paused parts of the platform and began working with security partners. Attribution to North Korean-linked actors has been reported by blockchain intelligence firms, but that part is still being assessed publicly. This one hits different because it wasn’t just a contract failure — it looks like a reminder that in crypto, the weakest link is still often human trust wrapped around powerful permissions. #DriftProtocol #CryptoHack #DeFi
Silence breaks fast in crypto.

Drift Protocol just got hit for around $285M in what’s being described as one of the biggest DeFi exploits of 2026 so far. Early reports point to a social engineering-led attack tied to pre-signed durable nonce transactions, where attackers reportedly manipulated governance approvals instead of simply “breaking the code.” Investigators say the drain happened in minutes, with funds moved cross-chain soon after, while Drift paused parts of the platform and began working with security partners. Attribution to North Korean-linked actors has been reported by blockchain intelligence firms, but that part is still being assessed publicly.

This one hits different because it wasn’t just a contract failure — it looks like a reminder that in crypto, the weakest link is still often human trust wrapped around powerful permissions.

#DriftProtocol #CryptoHack #DeFi
Article
⚖️ The Circle case and the Drift hack of $285 million: Where is the line between security and the law?The incident with the Drift protocol was not only a financial tragedy but also a serious test for the entire crypto industry. When the attacker began transferring $232 million in USDC through the Circle bridge, the issuer faced a question that does not have a simple answer. What is the difficulty of choosing for Circle? 🔍 📍 Risk of overreach: As lawyers (including those from Plume) note, freezing assets without an official law enforcement order or court ruling is a huge legal risk. Any mistake could lead to multimillion-dollar lawsuits against the company for exceeding authority.

⚖️ The Circle case and the Drift hack of $285 million: Where is the line between security and the law?

The incident with the Drift protocol was not only a financial tragedy but also a serious test for the entire crypto industry. When the attacker began transferring $232 million in USDC through the Circle bridge, the issuer faced a question that does not have a simple answer.
What is the difficulty of choosing for Circle? 🔍
📍 Risk of overreach: As lawyers (including those from Plume) note, freezing assets without an official law enforcement order or court ruling is a huge legal risk. Any mistake could lead to multimillion-dollar lawsuits against the company for exceeding authority.
$DRIFT {future}(DRIFTUSDT) DRIFT/USDT has been showing a slight decline in the recent period, but is holding near key demand zones. The price is fluctuating around 0.0292, where a balance is being formed between buyers and sellers. The most likely scenario in the short term is a movement in a narrow range with potential short impulses. #DRIFT #DriftProtocol #TradingCommunity
$DRIFT

DRIFT/USDT has been showing a slight decline in the recent period, but is holding near key demand zones. The price is fluctuating around 0.0292, where a balance is being formed between buyers and sellers. The most likely scenario in the short term is a movement in a narrow range with potential short impulses.

#DRIFT #DriftProtocol #TradingCommunity
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