Solana DeFi Exchange Drift Protocol Exploited, Upwards of $285 Million Stolen [Yahoo! Finance]
DeFi Development Corp. (DFDV)
Company Research
Source: Yahoo! Finance
The protocol, which is primarily used to trade perpetual futures, has paused deposits and withdrawals amid the attack. “Drift Protocol is experiencing an active attack,” it posted on X around 3:00 p.m. ET on Wednesday. “Deposits and withdrawals have been suspended. We are coordinating with multiple security firms, bridges, and exchanges to contain the incident. This is not an April Fools joke,” the company posted. Reports of suspicious activity began around two hours earlier, when users noticed large sums being transferred from the Drift Protocol vault to a Solana address beginning with “HkGz4K.” The account's first transfer took place around 11:06 a.m., when roughly 41 million JLP tokens valued at $155 million were transferred from the Drift Vault to “HkGz4K.” Shortly thereafter, millions more in various crypto tokens were transferred to the attacker and ultimately distributed to other wallets. The address, which was first funded with 1 SOL last week, may have had access to
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DFDV
News
- DeFi Development (DFDV) was upgraded by Cantor Fitzgerald to "strong-buy".MarketBeat
- DeFi Development Corp. Chief Strategy Officer to Speak at the 2026 Centri Capital ConferenceGlobeNewswire
- DeFi Development Corp. Releases March 2026 Recap Highlighting Strategic Execution, Research Expansion, and SPS GrowthGlobeNewswire
- DeFi Development Corp. Appoints Former Walmart Executive and VIZIO CFO Adam Townsend to Board of DirectorsGlobeNewswire
- DeFi Development Corp. to Host X Spaces Event: “DFDV March 2026 Recap & AMA + FY 2025 Earnings Breakdown”GlobeNewswire
DFDV
Analyst Actions
- 4/10/26 - Cantor Fitzgerald
DFDV
Sec Filings
- 4/6/26 - Form 4
- 4/6/26 - Form 3
- 4/6/26 - Form 8-K
- DFDV's page on the SEC website