Back to Feed
Fintech▼ 60
Drift crypto exchange remains frozen after attack
PYMNTS·
The cryptocurrency exchange Drift, operating on the Solana blockchain, continues to be frozen due to an ongoing cyberattack. The platform, which specializes in perpetual futures, announced a pause in operations late Thursday, citing irregular activity within its protocol. This incident highlights the persistent security vulnerabilities within the decentralized finance space, even for established exchanges. Users are advised to await further updates regarding the resolution of the attack and the resumption of normal trading activities.
Tags
fintech
crypto
security
Original Source
PYMNTS — pymnts.com