TechFlow reports that on April 2, according to on-chain analyst Onchain Lens (@OnchainLens), Drift Protocol—a perpetual futures protocol in the Solana ecosystem—was hacked, resulting in losses exceeding $270 million. The attacker has converted nearly all stolen funds into 129,067 ETH (valued at approximately $277 million) and subsequently purchased an additional 1,195 ETH for $2.46 million in USDC. The attacker’s wallet currently holds 130,262 ETH, valued at approximately $268 million.
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