Drift Protocol says deposits and withdrawals suspended amid active attack
Burns Brief
The reported incident could be a $200 million exploit of the decentralized crypto exchange due to a leak of a crypto wallet private key, threat researcher says Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
The reported incident could be a $200 million exploit of the decentralized crypto exchange due to a leak of a crypto wallet private key, threat researcher says.
Key Takeaways
- The reported incident could be a $200 million exploit of the decentralized crypto exchange due to a leak of a crypto wallet private key, threat researcher says