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#crypto-exchange-breach

Drift cryptocurrency exchange website frozen with security incident banner after $280 million hack

Drift's $280 Million Hack Exposes Crypto's Fatal Flaw: Trust in Code Isn't Enough

Drift, Solana's biggest perpetual futures exchange, is frozen indefinitely after a $280 million theft—and the method matters more than the money. This wasn't a smart contract bug. It was something far more unsettling.

5 min read 1 month ago

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