Drift suffered losses exceeding $200 million after attackers compromised an admin key, manipulated collateral and oracle settings, and drained assets. The incident highlights that DeFi security now depends not only on smart contract audits, but also on governance, key management, and risk controls.
Drift, the largest perpetual DEX on Solana, suffered a $250M exploit when hackers compromised its admin key, not smart contract bugs. The attack caused SOL to hit 5-week lows and reignited debates on DeFi governance security. Experts urge auditing admin key surfaces.
Solana-based perpetual DEX Drift suffered a $200M+ exploit after attackers compromised its admin key, creating a fake collateral market and draining assets. SOL dropped to five-week lows. Experts urge auditing admin key attack surfaces, not just smart contracts.
Drift Protocol on Solana suffered a $250M+ exploit after an attacker compromised its admin key, gaining god-like control. Chaos Labs' Omer Goldberg warns DeFi projects must audit the attack surface of admin keys, not just smart contracts. SOL dropped to five-week lows amid broader market weakness.
A $250 million exploit on Solana's Drift Protocol was caused by a compromised admin key, not a code bug. Chaos Labs founder Omer Goldberg urges auditing admin key surfaces. SOL falls to 5-week low amid broad crypto market weakness tied to Iran tensions.
Attack on Solana-based Drift DEX exploited admin key, causing $250M+ loss. Chaos Labs founder urges auditing admin key surface area. SOL hits 5-week low amid broader market decline.
Bitcoin hit $73K as US-Iran talks boosted crypto. Venice Token targets $10 after breaking resistance; Hyperliquid eyes $50 on Bitwise ETF filing; XRP forms double bottom, aiming for $2 if neckline breaks.
Bitcoin breaks $73K, crypto market cap exceeds $2.47T. Venice Token surges 800% targeting $10, Hyperliquid eyes $50 on ETF news, XRP forms double-bottom pattern targeting $1.60.
