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US$285 million stolen — and the worst part: it wasn't a bug. Drift Protocol's April 1 exploit is now one of 2026's biggest DeFi hacks

About US$285 million was stolen in the April 1 attack on Drift Protocol, now confirmed as one of the largest DeFi hacks of 2026. Investigators say the breach did not stem from a smart contract flaw. Instead, attackers used an advanced approach involving preapproved transactions and administrative access to gain control. Watch the full video for details.
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