- According to PeckShieldAlert: Drift Protocol DEX hack affects 50% of platform assets.
- As a consequence, native token platform fell by 37% to the level $ 0,04.
- Zach XBT tracked the movement of large volumes of USDC from the blockchain Solana on Ethereum via the Circle inter-network transfer protocol.
Drift Protocol, a DEX exchange, suffered a security breach that resulted in the loss of approximately $285 million.
On according to experts According to cybersecurity experts from PeckShieldAlert, the incident affected more than 50% of the exchange’s assets. In addition, token DRIFT trading platform has fallen by almost 37% and is now trading at $0,04.
Drift Protocol confirmed the hack in a series of posts on its official X social media account. According to the platform, the attacker did not access the platform through a code vulnerability, but rather, the hack occurred due to unauthorized access to key permissions on the Drift Security Council.
It was a highly complex operation that apparently involved weeks of preparation and phased execution, including the use of temporary burner accounts to pre-sign transactions, which slowed them down. stated at Drift.
It is known that the hacker successfully transferred the stolen assets from Solana (SOL) on Ethereum (ETH) via the TokenMessengerMinterV2 inter-chain transfer protocol. So far, the scammer has withdrawn 129,000 ETH, worth nearly $270,9 million. Blockchain researcher Zach XBT reported that large volumes of USDC were transferred from the blockchain over several hours during the exploit. Solana on Ethereum via the Circle inter-chain transfer protocol without any outside intervention.
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