#DriftProtocolExploited 🚨 #DriftProtocolExploited
💥 One of the biggest DeFi hacks of 2026!
🔓 Drift Protocol on Solana exploited
💸 Estimated Loss: $270M–$285M+
📉 Over 50% TVL wiped out
⚠️ Attack Details:
• Hackers gained admin control (multisig breach)
• Used advanced tactics like durable nonce + social engineering
• Funds rapidly swapped & bridged to Ethereum
📊 Impact:
• DRIFT token dumped sharply
• Deposits & withdrawals suspended
• DeFi security concerns rising
👀 Investigation ongoing — root cause linked to governance takeover, not just smart contract bug
🔐 Reminder:
Always revoke permissions & avoid interacting with affected protocols
#CryptoNews #DeFi #Solana #HackAlert #Web3
💥 One of the biggest DeFi hacks of 2026!
🔓 Drift Protocol on Solana exploited
💸 Estimated Loss: $270M–$285M+
📉 Over 50% TVL wiped out
⚠️ Attack Details:
• Hackers gained admin control (multisig breach)
• Used advanced tactics like durable nonce + social engineering
• Funds rapidly swapped & bridged to Ethereum
📊 Impact:
• DRIFT token dumped sharply
• Deposits & withdrawals suspended
• DeFi security concerns rising
👀 Investigation ongoing — root cause linked to governance takeover, not just smart contract bug
🔐 Reminder:
Always revoke permissions & avoid interacting with affected protocols
#CryptoNews #DeFi #Solana #HackAlert #Web3