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North Korea's Lazarus Group steals $285M from Solana's Drift Protocol

North Korea's Lazarus Group steals $285M from Solana's Drift Protocol

Cryptobriefing April 21, 2026

North Korea’s Lazarus Group carried out a $285 million crypto heist on Solana’s Drift Protocol. The “Another crypto hack over $100m by December 31?” market sits at 100.0% YES.

With the year-end deadline approaching, traders view more high-value hacks as a near certainty given the Lazarus Group’s track record, including Lazarus-linked attacks on Bybit and Ronin. The market is already pricing in further exploits of this scale. Face-value trading volume on this contract is zero, but the 100% odds reflect total consensus among participants that additional hacks will occur before December 31. No price movement exists because there is no remaining disagreement to trade on.

State- hacking directed at crypto protocols creates a systemic vulnerability that security audits and protocol upgrades have repeatedly failed to prevent. At 100¢ , a YES pays just $1, meaning there is no upside left for buyers. The market has fully absorbed the expectation that $100M+ hacks will continue through year-end.

Blockchain analysis reports tracking transaction patterns from the Drift exploit could signal laundering attempts or fresh breaches tied to the same group. Any new security measures from Drift Protocol or other Solana-based DeFi platforms could shift market perceptions, though the current odds leave almost no room for reassessment.

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Extracted Entities

APT Groups (1)

Attack Types (1)

Countries (1)

Platforms (1)