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Security Alert: Drift Attacked, Over $220 Million in Assets Suspiciously Transferred

Security Alert: Drift Attacked, Over $220 Million in Assets Suspiciously Transferred

BlockBeats News, April 2nd. According to LookIntoChain monitoring, the Solana ecosystem DeFi protocol Drift Protocol has suffered a major exploit, with about $220 million to $270 million in assets suspiciously transferred to the address “HkGz4K.” Subsequently, some of the assets were bridged to the Ethereum chain to buy ETH. As of now, 19,913 ETH has been purchased, amounting to $42.6 million. The attacker also converted some of the stolen SOL to ETH on Hyperliqud and transferred some stolen SOL to Binance.

According to onchainschool.pro monitoring, the hacker’s stolen assets currently break down as follows:

USDC worth $103 million;

SOL worth $54 million;

WBTC worth $19 million;

WETH worth $12 million;

cbBTC worth $11 million;

USDT worth $6 million;

USDS worth $5 million;

SYRUPUSDC worth $3 million;

JLP worth $2 million;

Drift Protocol’s official statement indicated that they have noticed unusual activities and are currently investigating. During the investigation, please refrain from depositing funds into Drift. This is not an April Fools’ joke. Please proceed with caution until further notice. Drift Protocol will release the latest updates through official channels.

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