UFD, a Solana meme token launched by precious metals YouTuber Basement Ron to mock crypto, unexpectedly surged past a $150 million market cap and briefly approached $200 million. Its rise highlights the power of meme narratives, but thin liquidity means many gains remain only on paper.
Drift Protocol lost at least $270 million after attackers abused Solana durable nonces and misrepresented multisig approvals. The incident highlights growing DeFi risks from social engineering and operational failures rather than smart contract bugs.
Drift Protocol lost at least $270 million after attackers abused Solana durable nonces to obtain pre-signed multisig approvals and execute them weeks later. The incident highlights growing DeFi risks from social engineering and operational security failures rather than code bugs.
Drift Protocol lost more than $270 million after attackers abused Solana’s durable nonce feature and tricked multisig signers into pre-approving transactions that were executed weeks later. The incident highlights operational and governance risks beyond smart contract bugs.
Attackers exploited Solana's durable nonces feature through social engineering, tricking Drift's multisig signers to pre-approve transactions executed weeks later, draining over $270 million. The incident highlights human layer failures rather than code bugs, posing new security challenges for DeFi.
Dogwifhat leads memecoin recovery with 12% daily gain, driven by bullish leverage data. Open interest jumps to $105M, funding rates turn positive. Key resistance at $0.20: holding above could target $0.223, while a break below risks sharp pullback. Leverage dynamics remain critical.
WIF surged 12% in 24 hours, leading the memecoin rebound. Leverage data shows strong long dominance, but $0.20 is the key resistance. Staying above it could push WIF toward $0.223-0.23.
Memecoin sector rebounds as dogwifhat surges 12% in 24 hours, driven by leverage. Key resistance at $0.20 must hold for a move toward $0.223, with bullish structure above that zone.
