Expert Warns of Admin Key Risks After $200 Million Drift Exploit
Omkar Godbole reports that the SOL token of Solana, a programmable blockchain, has hit a five-week low following an exploit at Drift, one of its largest decentralized exchanges. According to Omer Goldberg, founder of Chaos Labs, the issue was not with the smart contracts but with the admin key, which was compromised by the attacker. This single key granted the attacker unrestricted control, allow…
April 2, 2026, 11:15 a.m.