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Drift Protocol, a DEX on Solana, just suffered a devastating exploit that drained between $280 million and $285 million, wiping out more than half of its total value locked in a single blow. The attack unfolded on April 1st. Within hours, the team suspended deposits and withdrawals, while investigators uncovered a highly sophisticated operation that funneled roughly $230 million through USDC. On-chain sleuth ZachXBT and the wider crypto community are now calling out Circle for taking 6 full hours to freeze the remaining stolen funds, even though the incident broke during US business hours. The DRIFT token has already crashed nearly 50% in the last 24 hours. Head straight to the full report on Blockzeit⏬ https://t.co/5k7p9kbKQM

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