According to on-chain analyst Ember (@EmberCN), the perpetuals DEX Drift Protocol on Solana was hacked in the early hours of April 2, resulting in the theft of multiple assets worth up to $285 million. Within hours, the attacker sold and cross-chain transferred the stolen assets to Ethereum, converting them entirely into 129,066 ETH (approximately $278 million), which are now dispersed across the following four wallet addresses: • 0xAa843eD65C1f061F111B5289169731351c5e57C1 • 0x0FE3b6908318B1F630daa5B31B49a15fC5F6B674 • 0xbDdAE987FEe930910fCC5aa403D5688fB440561B • 0xD3FEEd5DA83D8e8c449d6CB96ff1eb06ED1cF6C7
Drift Protocol Hack: $285M in Stolen Assets Converted to 129,066 ETH
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Summary
ETH news: On April 2, Drift Protocol was hacked, with attackers stealing $285 million in assets. On-chain analyst EmberCN reported that the funds were liquidated and transferred to Ethereum, converted into 129,066 ETH ($278 million). The ETH is now distributed across four wallets. ETH update: The rapid transfer underscores the speed of cross-chain movements in DeFi.
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