Drift Protocol Exploit: $270M Stolen, Solana Nonce Risks Exposed
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Drift Protocol suffers $270M exploit via Solanas durable nonces, attacker exploits offline signing feature to trick multisig, drains insurance funds and vaults in under a minute. Traders and depositors hit, staked assets outside Drift unaffected. North Korean hacker ties, social engineering links, investigation reveals human error over buggy contracts. Protocol frozen, multisig cleaned up, insurance secured. Postmortem to reveal signer deception, Solana teams to reassess nonce risks.
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