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Ana Zirojević

Drift Protocol Pauses Deposits and Withdrawals After $280M Admin Exploit on Solana

Drift Protocol suspended deposits and withdrawals after an exploit drained about $280 million via admin-level access. The Solana-based DEX said the attacker took over Security Council permissions using pre-approved transactions, then removed withdrawal limits and added a malicious asset. The incident underscores how governance, multisig approvals, and signing workflows can become key DeFi attack surfaces.
SOL
SOL-6.19%
DRIFT
DRIFT-16.64%
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