$270 Million Stolen from Drift Protocol
From Bite Sized Cyber Crime by Chloe Thonus
April 6, 2026 · 7 min · Episode 207
About this episode
The episode discusses a $270 million heist involving the Drift protocol on the Solana blockchain, highlighting vulnerabilities in decentralized finance.
Decentralized finance, when not done correctly, often lends itself to massive crypto heists that result in millions being stolen and the story of the Drift protocol which operates on the Solana blockchain is no different. Attackers didn't actually need a vulnerability in code to pull off this heist, however, just two separate people who signed off on a malicious transaction. Sources: https://pastebin.com/Q5BYYapY
People in this episode
Host: Chloe Thonus
Topics covered
- decentralized finance
- crypto heists
- blockchain security
- malicious transactions
- financial crime
Keywords
- crypto heist
- Drift Protocol
- Solana
- decentralized finance
- financial crime
- malicious transaction
- blockchain
Mentioned in this episode
Organizations: Drift Protocol
Places: Solana
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