#Drift hack

Crypto & Blockchain

Circle's $232M Drift Hack Freeze: Why Speed and Law Don't Mix

Circle couldn't move faster to stop the Drift hack without legal risk. Here's why the stablecoin issuer's caution—not negligence—is the real story.

Crypto & Blockchain

Drift's $280 Million Hack Exposes Crypto's Fatal Flaw: Trust in Code Isn't Enough

Drift, Solana's biggest perpetual futures exchange, is frozen indefinitely after a $280 million theft—and the method matters more than the money. This wasn't a smart contract bug. It was something far more unsettling.