Today has been an extraordinarily difficult day for Drift. I’m incredibly grateful for the outpouring of support from the community.
This is a brief incident report ahead of a full postmortem in the coming days for one of the most sophisticated and novel exploits we’ve seen in crypto.
Drift has been working around the clock with partners, exchanges, and security firms to understand what happened and respond quickly.

Drift
@DriftProtocol
Earlier today, a malicious actor gained unauthorized access to Drift Protocol through a novel attack involving durable nonces, resulting in a rapid takeover of Drift’s Security Council administrative powers.
This was a highly sophisticated operation that appears to have involved
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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