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"DRIFT hack may be linked to North Korea"

En.Bloomingbit • April 2, 2026

A recent hacking incident involving Drift (DRIFT), a Solana (SOL)-based DeFi protocol, has raised the possibility that a North Korean hacking group was involved.

According to cryptocurrency-focused media outlet CoinDesk on the 2nd (local time), blockchain analytics firm Elliptic said that "the on-chain flow of funds and laundering methods are similar to past North Korea-related attacks."

It also analyzed that "it appears to have been a planned attack, given the use of pre-test transactions and prepared wallets."

The incident points to the possibility of an organized, state-level hack, heightening awareness of security risks.

The full story

This article is one source in a clustered incident — the cluster page carries the summary, timeline and every other outlet covering it.

Drift Protocol Suffers Major $270M Exploit Amid Ongoing Investigation On April 1, 2026, Drift Protocol, a decentralized exchange on the Solana blockchain, confirmed it was under an active attack, resulting in an estimated loss of $270 million to $285 million. The exploit involved suspicious transfers to a wallet identified as HkGz4K, with the protocol suspending all deposits and withdrawals immediately. Initial reports indicated that the attack may have exploited compromised administrative access or manipulated token prices. Analysts noted that the incident could be one of the largest DeFi hacks of the year, with the DRIFT token plummeting approximately 35% in value. The protocol's total value locked (TVL) significantly decreased from around $311 million to approximately $23 million following the incident. As investigations continue, there are concerns about the security of decentralized exchanges and potential regulatory repercussions. No confirmed recovery of funds has been reported as of April 2, 2026. 108 sources 67

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"DRIFT hack may be linked to North Korea"

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