# cryptohack

479

🚨 MAJOR EXPLOIT ALERT: Drift Protocol ($DRIFT) 🚨
@DriftProtocol has confirmed a massive security breach with losses estimated between $200M – $285M. This is currently one of the largest DeFi hacks in history.
What we know so far:
🔹 Status: All deposits & withdrawals are SUSPENDED.
🔹 The Hit: ~980,000 SOL + millions in USDC/stables drained from vaults.
🔹 The Vector: Suspected oracle manipulation using fake "CVT" token collateral to siphon liquidity.
🔹 Movement: Attacker is actively bridging stolen funds to Ethereum.
This is NOT an April Fools joke. Stay vigilant. 🛡️
#DriftProtocol #Solan

SOL-4.58%

ETH-4.51%

BTC-2.32%

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AylaShinex

03-23 14:32

🚨 #ResolvLabsHitByExploitAttack
When “Code Is Law” Fails: Inside the $25M DeFi Exploit
In DeFi, everyone says:
👉 “Trust the code.”
But what happens when the system around the code fails?
That’s exactly what we just witnessed with the Resolv Labs exploit — a brutal reminder that in crypto, vulnerabilities don’t just exist in smart contracts…
they exist in design assumptions.
⚠️ What Happened
In a matter of minutes:
An attacker deposited only ~$100K–$200K USDC
Exploited the minting system
Created 50M–80M unbacked USR stablecoins
Extracted roughly $25 million in value �
Chainalysis +1
The resul

DEFI-13.27%

RESOLV10.92%

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Yusfirah

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# cryptohack

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