Drift Protocol, a top perpetual DEX on Solana, lost ~$213M in a hack. Ledger CTO warns of Bybit-like attack pattern by DPRK-linked actors. Tether CEO praises USDT0 team's quick response. Market confidence in Solana security shaken.
Ledger CTO Charles Guillemet says the Drift Protocol exploit on Solana, with losses of $213 million, is the biggest hack of 2026 so far. Attackers breached the multisig through social engineering, similar to the 2025 Bybit attack, urging the industry to boost security.
Security researcher Taylor Monahan says North Korean IT workers have been embedded in DeFi projects for at least seven years, with over 40 protocols potentially affected. The Lazarus Group has stolen an estimated $7 billion in crypto. Drift Protocol's $280M exploit also linked.
Security researcher Taylor Monahan reveals that North Korean IT workers have infiltrated DeFi projects for at least 7 years, with over 40 well-known protocols having DPRK developers. The Lazarus Group has stolen an estimated $7 billion in crypto since 2017, with the recent $280 million Drift Protocol exploit also linked to them.
The Ketman Project, funded by the Ethereum Foundation, identified 100 DPRK IT workers disguised as developers in Web3 companies over six months, alerting 53 projects and releasing open-source detection tools.
The Ethereum Foundation-funded Ketman Project identified 100 DPRK IT workers infiltrating Web3 firms under fake identities, alerting 53 projects. This highlights growing security threats and community-driven defense against state-sponsored hackers.
The Ethereum Foundation revealed that its ETH Rangers program funded the Ketman Project, which identified 100 North Korean IT workers posing as developers in Web3 organizations. The project alerted 53 projects and developed open-source tools, highlighting significant security threats to the crypto industry.
Security researchers warn North Korean IT workers have long infiltrated DeFi protocols, posing as developers in over 40 projects. Lazarus Group has stolen around $7B since 2017. The recent Drift Protocol exploit of $280M used fake identities and in-person meetings. Basic infiltration tactics persist.
