Posts report a roughly 270 million dollar Drift Protocol drain and subsequent fund movements to Ethereum, while Wormhole says users are not at risk but some transfers may be delayed due to a Solana transfer-limiting security feature.
Drift Protocol just took a massive hit with $270M drained
The Drift exploiter is now moving $270,000,000 in stolen assets.
He is swapping $270M+ into $USDC, then bridged to Ethereum chain to buy $ETH.
Wormhole users are not at risk. Bridging remains available, though some transfers may be delayed due to a built-in security feature limiting transfers from Solana.
6 years after DeFi Summer, we’re still seeing these massive hacks. Resolv, Venus Core, and now Drift.
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