• Drift Protocol confirms $280 million crypto theft via sophisticated attack abusing durable nonces
• Hackers hijacked Security Council powers through misrepresented transaction approvals and social engineering
• Deposits in borrow/lend, vaults, and trading affected; incident marks largest crypto heist of 2026 so far

Decentralized cryptocurrency exchange Drift has confirmed suffering a cyberattack in which threat actors stole hundreds of millions of dollars worth of tokens.

On April 1 2026,, Drift Protocol posted on X, saying it was “experiencing an active attack”, and that all deposits and withdrawals were suspended as a result.