De-fi Platform Drift Suspends Deposits And Withdrawals After Millions In Crypto Stolen In Hack
Drift DeFi platform suspends deposits and withdrawals after hackers steal up to $285 million in crypto — here is what you need to know.
Matilda
De-fi Platform Drift Suspends Deposits And Withdrawals After Millions In Crypto Stolen In Hack
Drift Crypto Hack Exposes $285 Million Gone — And Nobody Knows Who Did It Hundreds of millions of dollars in cryptocurrency vanished from decentralized finance platform Drift on April 1, 2026 — and the attackers have not been identified. Drift confirmed it was under active attack and immediately suspended all deposits and withdrawals to contain the damage. Blockchain security experts put the losses somewhere between $136 million and $285 million, making this potentially the largest single crypto theft of the year so far. What Happened to Drift — and Why It Matters to Every Crypto User Drift is a decentralized finance, or DeFi, platform that allows users to trade, lend, and borrow cryptocurrency without a traditional financial intermediary. On April 1, the platform posted a stark warning on its social media channels confirming it was "experiencing an active attack" and had moved to suspend all user transactions. The timing and scale of the breach sent immediate shockwaves throug…
