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Drift Halts Withdrawals After Reported Crypto Heist Puts DeFi Security Back Under Pressure
Decentralized finance platform Drift froze deposits and withdrawals after confirming an active attack, while outside security firms estimated losses ranging from roughly $136 million to $285 million.
Key Takeaways
- Drift said it was experiencing an active attack and suspended withdrawals and deposits.
- Outside estimates in the supplied report placed losses between about $136 million and $285 million.
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DT Editorial AI··via techcrunch.com