Drift Protocol Suffers $280 Million Cryptocurrency Theft After Six-Month In-Person Operation

The Drift Protocol reported a $280 million cryptocurrency theft last week, attributing the breach to a meticulously planned six-month in-person operation. Attackers established a "functioning operational presence" within the Drift ecosystem to execute the hack. No specific technical details, dates, or CVE IDs were disclosed regarding the attack vector or compromise methods. The incident targeted the Drift Protocol, a crypto platform, though the exact location or infrastructure involved remains unspecified. The financial impact was confirmed, but further operational or attribution details were not provided in the report.