Drift Protocol says $280M exploit took 'months of deliberate preparation'
Burns Brief
Drift Protocol said with “medium-high confidence” that the recent attack was carried out by the same actors responsible for the $58 million Radiant Capital hack in October 2024 The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
Drift Protocol said with “medium-high confidence” that the recent attack was carried out by the same actors responsible for the $58 million Radiant Capital hack in October 2024.
Key Takeaways
- Drift Protocol said with “medium-high confidence” that the recent attack was carried out by the same actors responsible for the $58 million Radiant Capital hack in October 2024