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Exploit of Solana Feature Enables Theft of Over $270 Million from Drift
The Drift Protocol attack didn't involve discovering a bug or cracking a private key, nor was it a flash loan exploit or an oracle manipulation. Instead, the attacker leveraged 'durable nonces,' a Solana feature designed for convenience, to pre-sign administrative transfers weeks before they were executed, thereby bypassing the protocol's multisig security in a matter of minutes. The result was t…
April 2, 2026, 3:08 p.m.
Tech
Over $270 Million Stolen from Drift Due to Solana's Durable Nonces Feature
The Drift Protocol attack was a result of an attacker leveraging Solana's 'durable nonces' feature to pre-sign administrative transfers, which were then executed weeks later, bypassing the protocol's security measures. This feature, designed for convenience, allows transactions to remain valid indefinitely, creating a vulnerability. The attacker obtained signatures from two council members, which…
April 2, 2026, 3:08 p.m.
Tech
Over $270 Million Drained from Drift via Solana's Durable Nonces Feature
The Drift Protocol attack was unprecedented, as it didn't involve traditional hacking methods such as exploiting code vulnerabilities, flash loan attacks, or oracle manipulation. Instead, the attacker leveraged a legitimate Solana feature known as 'durable nonces' to pre-sign administrative transfers, which were executed weeks later, bypassing the protocol's multisig security measures. This featu…
April 2, 2026, 3:08 p.m.
Tech
Over $270 Million Stolen from Drift Protocol via Solana's Durable Nonces Feature
The Drift Protocol attack was an unconventional exploit that did not involve discovering a code vulnerability, cracking a private key, or using a flash loan. Instead, the attacker leveraged a legitimate Solana feature known as 'durable nonces' to pre-sign administrative transfers that would be executed weeks later, effectively bypassing the protocol's multisig security within minutes. This featur…
April 2, 2026, 3:08 p.m.
Tech
Over $270 Million Stolen from Drift Due to a Solana Feature Exploit
The Drift Protocol attack was not a traditional hack, as it did not involve exploiting a bug in the code or cracking a private key. Instead, the attacker leveraged a legitimate Solana feature called 'durable nonces' to trick Drift's security council into pre-approving transactions that would be executed at a later time. This feature allows transactions to remain valid indefinitely, creating a sec…
April 2, 2026, 3:08 p.m.
Tech
Solana's Convenience Feature Exploited to Drain $270 Million from Drift Protocol
The Drift Protocol attack was an unconventional hack that didn't involve discovering a bug, cracking a private key, or exploiting a flash loan. Instead, an attacker leveraged a legitimate Solana feature known as 'durable nonces' to deceive Drift's security council into pre-approving transactions that were executed weeks later, in a context the signers hadn't intended. As a result, at least $270 m…
April 2, 2026, 3:08 p.m.
Tech
Coinbase's AI-Driven Payment System Partners with Linux Foundation, Gains Backing from Tech Giants
In a bid to establish a community-driven ecosystem for high-frequency microtransactions, Coinbase's AI-centric payment protocol, x402, is transitioning into an open, standardized infrastructure under the Linux Foundation. This move aims to address the limitations of traditional finance in handling such transactions. The x402 protocol has formed an initial governing body, comprising Cloudflare and…
April 2, 2026, 1 p.m.
Tech
Coinbase's AI-Powered Payment System Partners with Linux Foundation, Backed by Tech Giants
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April 2, 2026, 1 p.m.
Tech
Coinbase's AI-Powered Payment System Partners with Linux Foundation, Backed by Tech Giants
In a bid to create a standardized, community-driven ecosystem for high-frequency microtransactions, Coinbase's AI-focused payment protocol, x402, is joining the Linux Foundation. This move is expected to address the limitations of traditional finance in handling such transactions. The x402 Foundation, the protocol's governing body, comprises notable companies like Cloudflare and Stripe, with addi…
April 2, 2026, 1 p.m.
Tech
Coinbase's Artificial Intelligence Payment System Partners with Linux Foundation, Backed by Tech Giants
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April 2, 2026, 1 p.m.