Post #11892

Drift's $285M Exploit Ranks 4th Largest Hack Since 2023 Yesterday's Drift Protocol exploit has entered the top 4 biggest crypto hacks of the last three years - behind only Bybit ($1.4B), DMM Bitcoin ($308M), and PlayDapp ($290M). Ledger CTO suspects the $280M hack is linked to North Korean threat actors. If confirmed, it follows the same pattern - Bybit ($1.4B), WazirX ($235M), Radiant Capital ($53M), and others have all been attributed to DPRK-linked groups. How much was stolen each year: 2023 - $1.7B 2024 - $2.2B (+29%) 2025 - $2.7B (+23%) 2026 - already $420M Drift's $285M exploit plus $137M drained across 15 DeFi protocols in Q1 means over $420M stolen in just 3 months. The attack vectors haven't changed: private key compromises, smart contract bugs, oracle manipulation, reentrancy. Known problems with known defenses - yet they keep working. At this rate, 2026 could cross $3B+ by year-end. The industry is growing, but so is the attack surface. Top 7 Ecosystem:Alpha| X | Aggregator