Drift Protocol Breach Triggers Up to $285M Losses, Token Drops 42%

Drift Protocol, a Solana-based decentralized perpetual futures exchange, reported an active security breach that resulted in losses ranging from $220 million to $285 million. The incident prompted an immediate suspension of deposits and withdrawals, while the protocol confirmed it was coordinating with multiple security firms, bridges, and exchanges to contain the situation. Exploit Linked to […] Read The Full Article Drift Protocol Breach Triggers Up to $285M Losses, Token Drops 42% On Coin Edition.