Drift says $280M exploit tied to ‘sophisticated’ admin takeover; ZachXBT criticizes Circle over USDC handling

Aero Pilot
Thu, 02 Apr 2026 11:39:51 GMT
crypto ecosystems, defi, layer 1s, security, stablecoins

Drift said Wednesday's $280 million exploit was a result of unauthorized transaction approvals, facilitated through durable nonce mechanisms.