According to ME News, on April 8 (UTC+8), Drift Protocol, which suffered the theft of $285 million in crypto assets, posted an update on X regarding the progress of its incident response. The protocol stated that it is actively collaborating with partners to develop a coordinated recovery plan, with current efforts focused on stabilizing the situation and providing protocol-level safeguards for all affected users and partners. Additionally, Drift confirmed its participation in STRIDE, a security initiative under the Solana Foundation, with further details to be announced later. (Source: ChainCatcher)
Drift Protocol Begins Recovery Plan After $285M Theft
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Summary
Drift Protocol announced a protocol update on April 8 to address the $285 million theft. The project is collaborating with partners to develop a recovery plan and stabilize the situation. On-chain updates indicate the protocol is prioritizing user and partner protection. Drift also confirmed its participation in the Solana Foundation’s STRIDE security initiative, with further details to follow.
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