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Vetted by NeuralPress's Multi-Agent Verifier for strict factual validity and event relevance. Our compliance engine cross-checks and filters search results to ensure zero false correlations or misleading content.

Primary Sources

techcrunch.com
De-fi platform Drift suspends deposits and withdrawals after millions ...

Decentralized finance company Drift says it has suspended withdrawals and deposits after confirming a security incident. The crypto platform said in a post on X that it was "experiencing an ...

techcrunch.com
blocknews.com
DeFi Crypto Hack Hits $270M on Solana - Here Is What Happened to Drift

A major DeFi platform has been hit by what appears to be a massive crypto exploit, with early estimates pointing to losses exceeding $270 million. The incident, tied to Drift Protocol, unfolded quickly, with onchain data showing large volumes of assets being drained and funneled into a single wallet.

blocknews.com
cryptobriefing.com
Drift Protocol halts activity as suspicious transfers point to possible ...

— Drift (@DriftProtocol) April 1, 2026 In a later update, the Solana-based perpetuals platform said it was experiencing an active attack and had suspended deposits and withdrawals while it coordinated with security firms, bridges, and exchanges to contain the incident.

cryptobriefing.com
news.bloomberglaw.com
Solana-Based DeFi Project Drift Hit by $285 Million Exploit

Drift, a decentralized finance project built on the Solana blockchain, has been hit by a major exploit that drained nearly $300 million in digital assets from the protocol, according to cybersecurity and data analytics firms. PeckShield Inc. was among the firms that flagged the incident on Wednesday, saying that about $285 million in crypto was stolen. Some of the stolen cryptocurrencies were ...

news.bloomberglaw.com