DRIFT Plunges 35% in Early Morning Trading, Over $220 Million Stolen in Largest On-Chain Attack This Year

BlockBeats News: On April 2, due to a protocol exploit, over $220 million in assets was stolen in a hack. Drift Protocol (DRIFT) experienced a price drop of up to 35% early in the morning, currently trading at $0.048, a 30% decrease in the last 24 hours. The team has announced a full protocol suspension and is working with multiple security firms to track the hacker.