Drift Crypto Platform Confirms $280 Million Stolen in Hack as Researchers Point Finger at North Korea

The decentralized finance platform Drift confirmed a $280 million theft through a sophisticated attack involving the rapid takeover of its security council administrative powers, with pre-signed transactions exploited via social engineering. Blockchain security experts, including Elliptic, have attributed the hack to North Korean state-backed hackers, consistent with previous crypto theft tactics used by the DPRK to fund its military program, marking the eighteenth such incident tracked this year.

https://therecord.media/drift-crypto-confirms-280-million-stolen-north-korea

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