Drift Protocol has revealed details about the $280M+ exploit, stating the attack was carefully prepared over a 6-month period.
According to their report, the attackers gained trust by attending crypto conferences in person, posing as a trading firm inside a Telegram group, and spending months building integrations. They reportedly invested over $1M before eventually distributing malicious tools, including a TestFlight link.
Right after the exploit occurred, all Telegram conversations and malicious software were completely erased.
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After being inactive on Telegram for over 3–4 months, Heal has recently been seen bidding on multiple usernames via Fragment and is now active again.
His return follows months of rumors about him leaving the community, getting fedded, or worse.
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⚠️ JUST IN: FBI confirms Americans lost a record ~11.36B to crypto-related fraud in 2025.
According to the report, social engineering and customer support impersonation were among the most effective attack methods, with over 2B in crypto stolen throughout the year.
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According to the report, social engineering and customer support impersonation were among the most effective attack methods, with over 2B in crypto stolen throughout the year.
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🚨 BREAKING: Bybit says it blocked coordinated “fake deposit” attacks, stopping over $1B worth of $DOT from being stolen.
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Fragment has removed KYC for most actions. You can now buy, sell, usernames, and anonymous numbers without ID verification.
However, in some regions, KYC may still be required especially for Stars and Premium. Transactions are now faster and easier overall.
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An employee was likely social engineered, giving attackers access to the wallet, where ~50 BTC was withdrawn and laundered across 18 wallets.
The company stated the cause of the theft may change as the investigation continues.
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⚠️ JUST IN: FBI shuts down crypto phishing drainer linked to ~$20M in fraud
The FBI has confirmed it has seized the phishing tool and taken into custody the developer responsible for running the malicious drainer operation.
@ComDigest
The FBI has confirmed it has seized the phishing tool and taken into custody the developer responsible for running the malicious drainer operation.
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🚨 JUST IN : It looks like bridged $DOT by Polkadot has just been exploited on Ethereum!
Admin changed to the attacker's contract, 1 BILLION DOT minted and immediately dumped. Price went from $1.22 to almost zero. And it looks like the bridge is just allowing infinite minting now.
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Admin changed to the attacker's contract, 1 BILLION DOT minted and immediately dumped. Price went from $1.22 to almost zero. And it looks like the bridge is just allowing infinite minting now.
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⚠️ Malone lam exchanger just got 70 months in federal prison for laundering millions tied to the $263M+ crypto SE heist.
He admitted to laundering at least $3.5M, prosecutors say he tried to destroy evidence using a com slave after he got arrested.
He allegedly blew stolen funds on $500K club nights, Lambos, Rolexes, private jets, Miami/LA mansions, and exotic cars.
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He admitted to laundering at least $3.5M, prosecutors say he tried to destroy evidence using a com slave after he got arrested.
He allegedly blew stolen funds on $500K club nights, Lambos, Rolexes, private jets, Miami/LA mansions, and exotic cars.
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JUST IN: The telegram NFT @boss listed on getgems.io has been sold for $500,000
The owner reportedly previously owned usernames @hero, @crazy, @angry and @funny.
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The owner reportedly previously owned usernames @hero, @crazy, @angry and @funny.
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According to the FBI, Gothferrari helped Malone carry out the theft and was also involved in the physical robbery of a victim, stealing their Ledger wallet containing 100 BTC worth roughly $5M at the time.
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He states that token has "no clear token distribution available", and hints that most of the tokens were controlled by the devs and they artificially inflated the prices
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The site paused trading until the details are known
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⚠️ JUST IN: Verus Ethereum Bridge is being exploited, with $11.6M drained so far.
The DeFi protocol has yet to comment depsite having $11.6M stolen in a single transaction.
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The DeFi protocol has yet to comment depsite having $11.6M stolen in a single transaction.
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He originally bought it in 2023 for around $2.3K and later purchased the @saint username for over $100K in TON. The current highest bid for saint.ton has already reached 1,234 TON, with the auction ending in about a week.
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The transition is expected to take around 3 weeks, while TON will remain the name of the blockchain.
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Approximately 10 minutes ago, both @e and @f were reportedly claimed, raising concerns about an active vulnerability affecting highly sought-after Instagram handles.
Historically, 1-letter Instagram usernames have sold for $100,000+ on the secondary market.
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The malicious site tricked them into connecting their wallet, which allowed the attacker to drain the funds shortly after.
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The crackdown on crypto and online fraud is intensifying.
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The victim’s wallets were accessed with ~$9M in total. ~$4.5M was stolen, while the victim managed to withdraw the remaining funds before the attackers could take them.
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