Solana DEX Drift Protocol Reportedly Hacked, Token Drops Nearly 20%

Solana decentralized exchange Drift Protocol has been reportedly hacked. While there hasn’t been an official confirmation, it’s DRIFT token has crashed nearly 20% after the rumors. The decentralized exchange, built on Solana for perpetual futures trading, integrates Circle’s USDC infrastructure for collateral and transfers. Mert Mumtaz, co-founder and CEO of Helius, raised the alarm in The post Solana DEX Drift Protocol Reportedly Hacked, Token Drops Nearly 20% appeared first on BeInCrypto.