De-fi platform Drift suspends deposits and withdrawals after millions in crypto stolen in hack
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Blockchain trackers put the cryptocurrency heist in the hundreds of millions of dollars and is already on track to be the largest crypto theft in 2026 so far.
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In Brief Posted: 3:58 PM PDT · April 1, 2026 Zack Whittaker De-fi platform Drift suspends deposits and withdrawals after millions in crypto stolen in hack Decentralized finance company Drift says it has suspended withdrawals and deposits after confirming a security incident. The crypto platform said in a post on X that it was “experiencing an active attack,” and that it was working to “contain the incident.” Security researchers and public blockchain data suggestthe losses could be significant. Blockchain security firm CertiK said on X that hackers may have stolen around $136 million, while crypto analytics firm Arkham put the figure at around $285 million stolen . If confirmed, this would make the Drift hack the largest crypto theft of the year, according to the Rekt leaderboard , a site that tracks crypto thefts by size. It’s not clear who is behind the attack, and a spokesperson for Drift did not immediately respond to a request for comment. Security firms say North Korea was behind the most crypto thefts last year, netting at least $2 billion in stolen cryptocurrency , funds the regime is believed to use to finance its nuclear weapons program and skirt international sanctions that restrict its access to the global financial system. Topics cryptocurrency , cybersecurity , data breach , Security April 30 San Francisco, CA StrictlyVC kicks off the year in SF. Get in the room for unfiltered fireside chats with industry leaders, insider VC insights, and high-value connections that actually move the needle. Tickets are limited. REGISTER NOW Newsletters See More Subscribe for the industry’s biggest tech news TechCrunch Daily News Every weekday and Sunday, you can get the best of TechCrunch’s coverage. TechCrunch Mobility TechCrunch Mobility is your destination for transportation news and insight. Startups Weekly Startups are the core of TechCrunch, so get our best coverage delivered weekly. StrictlyVC Provides movers and shakers with the info they need to start their d...
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