Drift Protocol Warns of Potential Cybersecurity Exploit
Cointelegraph
Drift Protocol halted deposits due to unusual trading activity, potentially stemming from a $200 million exploit linked to a private key leak.Summary
Drift Protocol, a decentralized cryptocurrency exchange (DEX), detected unusual trading activity on Wednesday and advised users to pause deposits. While the team is investigating the cause, blockchain security researcher Vladimir S suggests a private key leak may be responsible, potentially resulting in $200 million in lost funds. Stolen assets include wrapped Bitcoin (BTC), Jito (JTO), Fartcoin (FRT), and various stablecoins, which have been transferred to multiple wallets. Cointelegraph has reached out to Drift Protocol for comment but has not yet received a response. The situation is still developing, and further updates will be provided as they become available.
(Source：Cointelegraph)