#PeckShieldAlert Drift Protocol @DriftProtocol  has been exploited, resulting in a loss of over $285M - more than 50% of its TVL. $DRIFT has plummeted by -37%.

The exploiter has already bridged the s...

Major Project Events

#PeckShieldAlert Drift Protocol @DriftProtocol  has been exploited, resulting in a loss of over $285M - more than 50% of its TVL. $DRIFT has plummeted by -37%.

The exploiter has already bridged the stolen assets from #Solana to #Ethereum via the CCTP TokenMessengerMinterV2, moving 129K $ETH (valued at ~$270.9M).

PeckShieldAlert(PeckShieldAlert) Message

The stolen Drift assets have been exchanged by the attackers for 129,000 ETH, worth 278 million.

Quick overview of the $285 million Drift theft: Hackers stole private keys and drained liquidity in 10 seconds.

On-chain data shows that supply buildup and capitulation by long-term holders continue, with supply pressure of $80,000 to $126,000 being the biggest obstacle to price increases.

With bullish momentum waning and volatility weakening, Bitcoin is locked in a range of $60,000 to $70,000.

The platform that launched the meme coin on Solana, Bonk.fun, took advantage of April Fool's Day to post a joke-like "new feature," which quickly turned into a political jab when it hinted at blocking people who...