Drift Theft Operation
North Korean-state-backed spies conducted an in-person operation targeting cryptocurrency platform Drift to drain $285 million, according to reports. The operation involved months of direct engagement with the target.
Broader North Korean Cyber Threat
According to a security intelligence research firm, North Korean-state-backed hackers account for 76% of all crypto scam and hack losses in 2026. The same firm reports that North Korean-backed actors have stolen $6 billion since 2017, underscoring the scale of ongoing cyber theft activity attributed to state-sponsored North Korean threat actors.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Solana Yield Exchange Exponent Raises $5 Million Seed Round Led by Multicoin Capital
According to The Block, Exponent Finance, a Solana-based yield exchange, raised $5 million in a seed funding round on Thursday, led by Multicoin Capital. Solana Ventures, RockawayX, L1D, Prelude, and Theia Blockchain participated, alongside angel investors including Solana Labs CEO Anatoly
GateNews3h ago
AllUnity Expands MiCA-Compliant EURAU Token to Solana as Euro Stablecoin Market Doubles Since Early 2025
AllUnity has expanded its MiCA-compliant euro stablecoin EURAU to Solana, aiming to accelerate euro transfers and support regulated onchain finance. The expansion comes as the euro stablecoin market has doubled since
GateNews7h ago
North Korean Hackers Steal $577 Million in Crypto in First Four Months of 2026, TRM Labs Reports
According to TRM Labs, North Korean hackers stole approximately $577 million in cryptocurrency during the first four months of 2026, accounting for roughly 76% of all global cryptocurrency losses year-to-date. The figure highlights a strategic shift by elite units such as the Lazarus Group toward hi
GateNews7h ago
Grayscale Solana Trust Sees $1.24M Net Outflows on April 30
According to SoSoValue, Grayscale Solana Trust (GSOL) experienced net outflows of $1.2396 million on April 30 (U.S. Eastern Time). As of press time, Solana spot ETF assets under management totaled $849 million, with cumulative net inflows reaching $1.018
GateNews8h ago
Exponent Finance Completes $5M Seed Round Led by Multicoin Capital
According to The Block, Exponent Finance, a Solana-based yield trading platform, completed a $5 million seed round led by Multicoin Capital. Solana Ventures, RockawayX, L1D, Prelude, and Theia Blockchain participated alongside angel investors including Solana Labs CEO Anatoly Yakovenko and Solana Fo
GateNews12h ago
Solana Holds $86 as ETF Inflows Tighten Price Range
Key Insights:
Solana recorded five consecutive ETF inflow sessions, pushing cumulative assets above one billion dollars while selective outflows highlighted shifting institutional allocation strategies.
Price action remained supported above short-term averages, while long-term resistance
CryptoNewsLand15h ago