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Circle Faces Heat From ZachXBT Over Inaction During $285M Drift Hack
The Drift Protocol hack on April 1 is the largest DeFi exploit of 2026, draining over $285 million from the Solana-based perpetual futures exchangeThe attacker bridged approximately $232 million in USDC from Solana to Ethereum via Circle’s CCTP across more than 100 transactions over six consecutive hours with no action from CircleZachXBT’s broader filing lists 15 cases totaling over $420 million in alleged Circle compliance failures since 2022
2026-04-04 08:30:00
'Not an April Fools joke': Major Solana-based trading platform Drift exploited for at least $200 million
The attack appears to be the largest DeFi exploit in the Solana ecosystem of the infamous Wormhole bridge attack, according to Rekt’s leaderboard.DRIFT is down nearly 5% to $0.064, according to The Block’s data.“We are observing unusual activity on the protocol. We are currently investigating,” Drift said. “Please do not deposit funds into the protocol while we investigate.”
2026-04-02 02:35:00
Solana DeFi Exchange Drift Protocol Exploited, Upwards of $285 Million Stolen
Solana-based perpetuals DEX Drift Protocol has suffered an exploit impacting more than $200 million in funds.
2026-04-01 20:13:38
