SVR

2026-07-04 14:15:11

Drift Protocol's $285M Exploit on Solana Raises DeFi Security Questions

Drift Protocol suffered a $285 million exploit on Solana. Attackers used social engineering to gain multi-sig control, introduced a fake token, and drained liquidity. Experts highlight multi-sig centralization risks, call for time locks and circuit breakers, warn of more attacks ahead.

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Drift Protocol's $285M Exploit on Solana Raises DeFi Security Questions