Drift Protocol Exploit Drains Up to $285 Million, Raising Solana DeFi Security Concerns

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Drift Protocol, a Solana-based derivatives decentralized exchange (DEX), has suffered a major exploit that drained an estimated $200 million to $285 million in user assets, intensifying security concerns across the Solana DeFi ecosystem and reviving questions about oracle design and admin-key risk. The attack occurred on Wednesday UTC (early Thursday in South Korea), according to on-chain tracing and statements from the project.

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Telemachttp://cryptoinfo.ch
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