Drift says new 'durable nonce' attack was a sophisticated, multi-week operation

Drift Protocol (DRIFT) announced on X that a hacker gained unauthorized access to the administrative privileges of its Security Committee today using a novel attack vector involving a "durable nonce." The protocol described the incident as a highly sophisticated strategy that included several weeks of preparation and a phased execution, which utilized a structure to delay the execution of a pre-signed transaction. Drift previously suffered a loss of approximately $350 million from a hacking attack.