No Result
View All Result
  • Login
Monday, July 13, 2026
theadvisertimes.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
theadvisertimes.com
No Result
View All Result
Home Cryptocurrency

Drift Seeks Contact With The Hacker After $280M Exploit

by theadvisertimes.com
3 months ago
in Cryptocurrency
Reading Time: 2 mins read
A A
0
Drift Seeks Contact With The Hacker After 0M Exploit
Share on FacebookShare on TwitterShare on LInkedIn


Drift Protocol, a Solana-based decentralized exchange (DEX), said Friday it had opened onchain contact with wallets tied to funds stolen in the exploit that outside firms have estimated at roughly $280 million to $286 million.

Drift said on X that it had initiated onchain contact with wallets holding the stolen Ether (ETH), seeking to open a line of communication.

The team sent onchain messages from its Ethereum address (0x0934faC) to four wallets linked to the exploiter at the time of publication, urging the attacker to reach out via Blockscan chat. “We are ready to speak,” Drift said.

Onchain messaging has become a common tactic in exploit response, allowing protocols to communicate directly with attackers while preserving anonymity. In past cases, such as the Euler Finance hack, similar outreach led to the partial recovery of funds.

Drift’s onchain message to the Drift Exploiter on Friday. Source: Etherscan

Anonymous sender tries to pressure the attacker

Drift’s communication came hours after an unknown sender using the ENS name readnow.eth also reached out to wallets linked to the attacker on Thursday via onchain messages.

The sender claimed to know the identities behind the attack and demanded a payment of 1,000 ETH in exchange for withholding information.

Source: Etherscan

The claims could not be independently verified and may represent an attempt to mislead or pressure the wallet holder. The incident highlights how, alongside official communications, unverified messages can circulate onchain after crypto exploits.

Solana fallout keeps spreading

According to SolanaFloor, Drift’s exploit has so far affected at least 20 Solana protocols, including the decentralized finance (DeFi) platform Gauntlet, which was estimated to be impacted to the scale of $6.4 million.

Blockchain security platform Cyvers said the impact was still expanding as of Friday morning, with no funds being recovered 48 hours past the attack.

Cyvers said that the attack was likely a “weeks-long, staged operation,” noting that the attacker set up durable nonces, a Solana feature allowing users to pre-sign transactions for future execution, days before the exploit.

Related: Crypto hackers steal $169M from 34 DeFi protocols in Q1: DefiLlama

“This closely mirrors the Bybit hack, different technique, same root issue: signers unknowingly approving malicious transactions,” Cyvers added.

Some industry observers, including Ledger chief technology officer Charles Guillemet, suggested the exploit may involve North Korea-linked actors, though details remain unconfirmed.

Magazine: Nobody knows if quantum secure cryptography will even work

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy https://cointelegraph.com/editorial-policy



Source link

Tags: 280McontactDriftexploitHackerseeks
ShareTweetShare
Previous Post

HELOC and home equity loan rates today, April 3, 2026: Drama-free second mortgage rates

Next Post

Leaders push for a ‘Manhattan Project’ and public-private solutions around AI and labor

Related Posts

Zcash & Monero Retreat As Privacy Coins Face Setbacks in China

Zcash & Monero Retreat As Privacy Coins Face Setbacks in China

by theadvisertimes.com
July 13, 2026
0

The privacy coins are once again making headlines amid renewed pressures from Chinese legal researchers. The impact is also visible...

Bitcoin falls below ,000 as markets give Hormuz traffic just 3% chance to normalize by August

Bitcoin falls below $63,000 as markets give Hormuz traffic just 3% chance to normalize by August

by theadvisertimes.com
July 13, 2026
0

Bitcoin slipped below $63,000 as renewed fighting between the United States and Iran pushed oil prices higher, drove bond yields...

Webull EU Secures MiCA Authorisation as EU Targets Post-Regulation Gaps

Webull EU Secures MiCA Authorisation as EU Targets Post-Regulation Gaps

by theadvisertimes.com
July 13, 2026
0

Webull EU has secured approval under the Markets in Crypto-Assets (MiCA) regulation, granted by the Dutch regulator. This authorisation represents...

Ripple Almost Shut Down and Distributed XRP After SEC Lawsuit, CEO Reveals

Ripple Almost Shut Down and Distributed XRP After SEC Lawsuit, CEO Reveals

by theadvisertimes.com
July 12, 2026
0

Key TakeawaysRipple came close to shutting down after the SEC filed a lawsuit over XRP.The company considered distributing its XRP...

Saylor’s Strategy Messaging Not Helping Push Bitcoin Story Says StanChart

Saylor’s Strategy Messaging Not Helping Push Bitcoin Story Says StanChart

by theadvisertimes.com
July 12, 2026
0

Strategy founder and chairman Michael Saylor again took to social media on Sunday to offer his latest signal to investors...

Bitcoin Buy or Sell? Michael Saylor Hints at Another Strategy Move

Bitcoin Buy or Sell? Michael Saylor Hints at Another Strategy Move

by theadvisertimes.com
July 12, 2026
0

Strategy’s co-founder, Michael Saylor, has again hinted at another potential Bitcoin purchase or sale by his company. This comes as...

Next Post
Leaders push for a ‘Manhattan Project’ and public-private solutions around AI and labor

Leaders push for a 'Manhattan Project' and public-private solutions around AI and labor

Here Are the Best Easter Deals and Freebies for 2026

Here Are the Best Easter Deals and Freebies for 2026

  • Trending
  • Comments
  • Latest
Should You Offer a Concession to Get Your Apartment Leased Faster?

Should You Offer a Concession to Get Your Apartment Leased Faster?

June 15, 2026
How I Maximize My Sapphire Reserve Dining Credit

How I Maximize My Sapphire Reserve Dining Credit

July 10, 2026
Fourth of July 2026 Freebies and Deals

Fourth of July 2026 Freebies and Deals

July 3, 2026
5 things financial therapists want every advisor to know

5 things financial therapists want every advisor to know

June 26, 2026
The 10 Largest NYC Tech Startup Funding Rounds of June 2026 – AlleyWatch

The 10 Largest NYC Tech Startup Funding Rounds of June 2026 – AlleyWatch

July 6, 2026
Prime Day, June 2026: How Retailers Competed With Amazon

Prime Day, June 2026: How Retailers Competed With Amazon

June 29, 2026
Important Step to Becoming a 7-Figure Trader

Important Step to Becoming a 7-Figure Trader

0
Regev pushes to appoint crony as Israel Railways chair

Regev pushes to appoint crony as Israel Railways chair

0
Aave V3 On zkSync Era Extends DeFi Lending Deeper Into ZK Rollups

Aave V3 On zkSync Era Extends DeFi Lending Deeper Into ZK Rollups

0
Texas Hospital Advertises Birth Tourism At Mexico Border

Texas Hospital Advertises Birth Tourism At Mexico Border

0
Germany approves healthcare costs overhaul despite significant pharma opposition

Germany approves healthcare costs overhaul despite significant pharma opposition

0
She Built a 3-Property Portfolio in 5 Years While Working Her 9-5

She Built a 3-Property Portfolio in 5 Years While Working Her 9-5

0
Germany approves healthcare costs overhaul despite significant pharma opposition

Germany approves healthcare costs overhaul despite significant pharma opposition

July 13, 2026
Regev pushes to appoint crony as Israel Railways chair

Regev pushes to appoint crony as Israel Railways chair

July 13, 2026
SK Hynix US-listed shares slip nearly 8% as Nasdaq debut euphoria cools

SK Hynix US-listed shares slip nearly 8% as Nasdaq debut euphoria cools

July 13, 2026
Zcash & Monero Retreat As Privacy Coins Face Setbacks in China

Zcash & Monero Retreat As Privacy Coins Face Setbacks in China

July 13, 2026
Important Step to Becoming a 7-Figure Trader

Important Step to Becoming a 7-Figure Trader

July 13, 2026
U.S. and Iran both say they control the Strait of Hormuz amid attacks threatening all-out war

U.S. and Iran both say they control the Strait of Hormuz amid attacks threatening all-out war

July 13, 2026
theadvisertimes.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Germany approves healthcare costs overhaul despite significant pharma opposition
  • Regev pushes to appoint crony as Israel Railways chair
  • SK Hynix US-listed shares slip nearly 8% as Nasdaq debut euphoria cools
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • About Us
  • Contact Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.