user-avatar
Nikolay Kolev

Drift Protocol hit by $280M exploit on April 1, 2026, investigators tie it to UNC4736

Drift Protocol was exploited for $280 million on April 1, 2026, in an incident initially dismissed by some due to its April Fools' timing. Investigators later attributed the breach to the UNC4736 group, saying the attackers blended long-running social engineering with device compromises that enabled multi-sig approvals.