Drift Protocol said with “medium-high confidence” that the recent attack was carried out by the same actors responsible for the $58 million Radiant Capital hack in October 2024.
Drift Protocol, the decentralized exchange (DEX) that lost an estimated $280 million in an exploit last week, claims the loss was the result of a six-month, highly coordinated attack.
“The preliminary investigation shows that Drift experienced a structured intelligence operation requiring organizational backing, significant resources, and months of deliberate preparation,” Drift said in an X post on Saturday.
According to Drift, the attack can be traced back to around October 2025, when malicious actors posing as a quantitative trading firm first approached Drift contributors at a “major crypto conference,” claiming to be interested in integrating with the protocol.
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments