North Korean hackers jọb steal $577M: DRIFT & KelpDAO loss
TRM Labs report say North Korean hackers comot about $577M for the first four months of 2026, wey be about 76% of recorded crypto hack losses for the period. The money full for two April attacks: $285M from DRIFT protocol and $292M from KelpDAO.
DRIFT hack details: the attackers target Solana governance and multisig controls using pre-signed transactions. Dem reportedly build access with Drift employees for months, set up persistent nonce accounts from mid-March, then comot vaults in about 12 minutes after security threshold change on April 1. The exploit center na Solana nonce manipulation to bypass multisig protections.
KelpDAO hack details: the breach focus on cross-chain infrastructure. Attackers allegedly compromise RPC infrastructure and disrupt LayerZero bridge cross-chain checks (single-validator design), then convert proceeds via THORChain (RUNE) to BTC and route funds through intermediaries after Arbitrum (ARB) freeze.
Trading impact for DRIFT: the token delisted after the DRIFT hack (removed from Upbit and Bithumb). DRIFT dey around $0.04 with -6.19% 24h move, and the article note bearish signals (Supertrend bearish, EMA20 near $0.0389).
Traders suppose to watch DRIFT resistance around $0.0407 and track risk sentiment toward Solana, multisig, and cross-chain bridge security, because TRM Labs highlight say attackers dey focus more on bridge and multisig plumbing.
Bearish
Di niuza beta for DRIFT specially: dem delist di token sharp sharp after DRIFT hack, wey normally dey pressure liquidity and make sell‑side risk high. Wit price don already near $0.04 and technical signals dey bearish (Supertrend bearish, EMA20 near ~$0.0389), the combo of regulatory/market access loss (exchange removals) and security‑driven sentiment fit make downside last longer short term.
For long term, repeated breaches wey get link to Solana multisigs and bridge plumbing fit make traders dey wary of Solana‑adjacent assets, increase chance say dem go demand risk premium. But broader market effect fit small if liquidity recover and no more exploits happen, so e likely say the impact go concentrate for the affected tokens rather than the whole sector.