De-fi platform Drift suspends deposits and withdrawals after millions in crypto stolen in hack | TechCrunch
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De-fi platform Drift suspends deposits and withdrawals after millions in crypto stolen in hack | TechCrunch
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This page reports that decentralized finance platform Drift suspended deposits and withdrawals after confirming a security breach resulting in millions of dollars in stolen cryptocurrency. Drift announced it was experiencing an active attack and working to contain the incident. Security firm CertiK estimates approximately $136 million was stolen, while crypto analytics firm Arkham suggests the figure could be around $285 million. If confirmed, this would be the largest crypto theft of the year according to the Rekt leaderboard. The attacker's identity remains unclear, and Drift has not yet provided official comment.
