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A $280 Million Hack Hits Crypto’s Fastest-Growing Corner, Drift

Drift, the largest perpetual futures exchange on the Solana blockchain, was hacked on Wednesday, April 1st, losing $280 million — roughly half of all customer funds held on the platform. The company described it as "a highly sophisticated operation that appears to have involved multi-week preparation and staged execution." Customer funds have been frozen while Drift works to contain the damage. Neither Drift nor the Solana Foundation responded to requests for comment.

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