Avalanche attempts a corrective bounce under $15 while Toncoin explores AI integrations. APEMARS presale stage 5 delivers a projected 15,055% ROI, drawing early-stage investors.
Drift Protocol lost more than $270 million in an attack on April 1. On-chain analysis points to a multisig migration completed a week earlier, with a 2-of-5 setup and zero timelock raising questions about governance and key control.
The fallout from the Drift Protocol exploit has spread to 20 Solana ecosystem projects, with estimated losses reaching $285 million. Prime Numbers Fi was hit hardest, while Drift has suspended deposits and withdrawals.
Elliptic links Drift Protocol’s $286 million exploit to North Korean hackers, marking the largest crypto hack of 2026. DRIFT token drops over 40% as funds are laundered across chains.
Drift, a Solana-based DeFi trading protocol, suffered a hack resulting in at least $200M loss. The platform paused deposits and withdrawals. DRIFT token plunged 38%. The hacker converted stolen assets into 129,066 ETH, worth ~$273M.
The crypto market cap edged up 0.5% to $2.44T. Bitcoin slipped while ETH gained. StakeStone (STO) skyrocketed 114.92% and DRIFT dropped 33.84%. TON mainnet upgrade, Bitget AI trading launch, and FTX settlement with Nishad Singh updated the landscape. Fear & Greed Index remained at 12 signaling extreme fear.
The Drift Protocol exploit has expanded from a single incident into a wider Solana DeFi crisis, affecting 20 projects and causing an estimated $285 million in losses, according to exposure trackers and security firms.
Drift Protocol said it secured nearly $150 million in strategic support led by Tether, plans to issue a Recovery Token, and will replace USDC with USDT as its core settlement asset after relaunch.
