Drift says $280M exploit tied to 'sophisticated' admin takeover; ZachXBT criticizes Circle over USDC handling
Drift said Wednesday’s $280 million exploit stemmed from attackers obtaining multisig transaction approvals in advance, likely through social engineering.Onchain sleuth ZachXBT criticized stablecoin issuer Circle, saying it failed to freeze roughly $230 million in USDC linked to the exploit.
2026-04-02 17:00:00