Blockchain analytics firm Elliptic on Thursday flagged “multiple indicators” that North Korea’s state-sponsored hackers may be behind the $285 million exploit of Drift Protocol, the largest DeFi hack of 2026 so far that wiped out more than half of the Solana-based exchange’s total value locked.
Arthur Hayes, BitMEX co-founder, Maelstrom CIO, and Drift Protocol advisor, pointed the finger at Solana (CRYPTO: SOL) itself.
“If Solana had native multi sig addresses, would the Drift hack even have been possible? Actually curious, not trolling,” Hayes wrote on X.
Ledger CTO Charles Guillemet drew a direct comparison to the $1.4 billion Bybit hack of 2025, which the FBI attributed to North Korea’s Lazarus Group.
The pattern is nearly identical: compromised multi sig signers, social engineering, and malicious transactions disguised as routine operations.
The Lazarus Playbook
The hacker spent weeks setting up the attack.
They created a fake token called …Full story available on Benzinga.com
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