2026-04-30
Trmlabs
North Korea Stole 76% of All Crypto Hack Value in 2026 — With Just Two Attacks
#DriftProtocol
#KelpDAO
Drift Protocol
#DriftProtocol
- Reported: 2026-04
- Locations: Australia
- Motivations: #FinancialGain
- Sectors: #Cryptocurrency
Summary
The Drift Protocol incident involved a compromise of wallets associated with their multisig, prompting an immediate emergency response in which all protocol functions were frozen and the affected wallets were removed to prevent further unauthorized actions; attacker-controlled wallets were identified and isolated, and mitigation steps focused on containing damage rather than exploiting any smart contract vulnerability, indicating the breach was likely due to key or signer compromise rather than on-chain logic flaws, reinforcing a recurring DeFi pattern where operational security (multisig access, key management) becomes the primary attack surface even when protocol code remains secure.