On April Fool’s day, the decentralized platform Drift saw hundreds of millions of dollars drained from its accounts and, unfortunately, this was no joke. The company suffered a $280 million hack on Wednesday, and industry experts suspected that North Korea was behind it.
“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,” the company announced on X. A durable nonce is a tool used on Solana used to avoid transaction expirations.
The blockchain analytics firm Elliptic says that the on-chain behavior is consistent with previous North Korea-backed crimes. The Kim…
