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Drift Protocol Relaunches After $285 Million Cyberattack by North Korean Hackers

ID: 9ed8815b-9247-5603-91d9-25ba9253ac8e

STIX ID: report--9ed8815b-9247-5603-91d9-25ba9253ac8e

Feed Name: ThreatCluster

Threat Score
85/100

Date Published: 2026-04-16

Date Updated: 2026-04-17

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Drift Protocol was exploited on April 1, 2026, resulting in roughly $285 million stolen in a theft attributed to North Korean state-affiliated hackers; Drift has secured up to $150 million from Tether, is moving its settlement asset from USDC to USDT, is working with law enforcement and blockchain forensics to recover funds, and is planning a full reboot with independent audits while the Insurance Fund and depositor assets remain intact.

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