Solana-Based Exchange Falls Victim to Sophisticated Hack

A major security breach has hit the Solana blockchain, targeting Drift Protocol, a decentralized derivatives exchange.

The hack, which occurred in April 2026, was linked to a North Korean hacking group and resulted in the theft of $285 million.

According to reports, the breach involved an intricate deception that allowed the hackers to bypass security measures and gain access to the exchange's funds.