Drift Hack Sees $280 Million Stolen in Biggest Crypto Exploit of 2026

Drift, one of Solana's largest perpetual trading protocols, was hit by a sophisticated hack that led to the theft of around $280 million in crypto assets. Security experts suspect North Korean actors, as the attack utilized pre-signed transactions and compromised multisig approvals. Deposits and withdrawals were suspended to contain the breach, and the stolen funds were quickly swapped into stablecoins and partially bridged to Ethereum.