Search results for "DRIFT"
Today
06:00

Drift has confirmed key information related to the exploit attack for the involved parties, and is sending an on-chain message to the wallet holding the stolen funds.

Drift on the X platform confirmed that it has obtained key information related to the exploit attack, and sent messages to the ETH wallets of the four stolen funds, saying it would like to talk. The attack caused at least $200 million in losses, and subsequent updates will be released after third-party attribution is completed.
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ETH-0,59%
01:29

DRIFT (Drift Protocol) is up 24.16% in the last 24 hours, currently trading at $0.0561

As of April 3, DRIFT’s price is up 24.16%, now trading at $0.0561, with a market cap of approximately $32.62 million. Drift Protocol, as a decentralized exchange, has performed well in terms of security and liquidity, but trading has been restricted due to recent security incidents and risk management measures by South Korean exchanges, which has increased market volatility.
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DRIFT-13,15%
14:06

Project 0 Update Drift Incident Response Progress. Complete the impacted users’ loss allocation accounting by no later than tomorrow.

Project 0 Co-Founder MacBrennan posts an update, stating that the losses from the Drift vulnerability incident will be addressed by April 2, and the specific calculation method will be announced before resuming operations. Drift lenders will share losses proportionally, while non-lenders may face an impairment of up to approximately 2%. The loss assessment is based on the most conservative scenario; conditions may improve in the future.
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DRIFT-13,15%
12:01

Wormhole Responds to Drift Protocol Attack: Users’ Assets Are Not at Risk, Some Solana Cross-Chain Transfers May Be Delayed

Gate News message, on April 2, Wormhole posted on the X platform in response to the Drift Protocol attack incident. Wormhole said that user assets are not currently at risk, and the cross-chain bridge functionality can still be used normally. However, due to the built-in security mechanisms configured for Solana, some cross-chain transfers may experience delays. Wormhole’s core contributors have been in communication with the Solana ecosystem team and will continue to provide support as needed.
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11:31

Solana Foundation CPO: The Drift security incident is a case-by-case matter and does not indicate that there is a systemic problem in Solana DeFi

Solana Foundation Chief Product Officer Vibhu Norby responded to the Drift Protocol security incident, confirming that an attack occurred. The cause of the attack is still under investigation. The incident is related to operational security or social engineering, highlights the potential risks of multisig mechanisms, and says that this incident does not represent a systemic issue with Solana DeFi.
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DRIFT-13,15%