Crypto Hackers May Have Stolen $285 Million from Drift Platform
Drift, a decentralized finance company, has suspended withdrawals and deposits after confirming a security incident, with estimated losses of up to $285 million.
According to blockchain security firm CertiK, hackers may have stolen around $136 million, while crypto analytics firm Arkham put the figure at around $285 million stolen. If confirmed, this would make the Drift hack the largest crypto theft of the year, according to the Rekt leaderboard, a site that tracks crypto thefts by size.
Security researchers and public blockchain data suggest the losses could be significant. It's not clear who is behind the attack, and a spokesperson for Drift did not immediately respond to a request for comment.
Security firms say North Korea was behind the most crypto thefts last year, netting at least $2 billion in stolen cryptocurrency, funds the regime is believed to use to finance its nuclear weapons program and skirt international sanctions that restrict its access to the global financial system.
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Related Topics
- Decentralized finance
- Crypto security
- North Korea's crypto activities
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