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North Korea Strikes Again: $285 Million Exploit Raises Questions For Circle

Blockchain analytics firm Elliptic on Thursday flagged “multiple indicators” that North Korea’s state-sponsored hackers may be behind the $285 million exploit of Drift Protocol, the largest DeFi hack of 2026 so far that wiped out more than half of the Solana-based exchange’s total value locked.

Arthur Hayes, BitMEX co-founder, Maelstrom CIO, and Drift Protocol advisor, pointed the finger at Solana (CRYPTO: SOL) itself.

“If Solana had native multi sig addresses, would the Drift hack even have been possible? Actually curious, not trolling,” Hayes wrote on X.

Ledger CTO Charles Guillemet drew a direct comparison to the $1.4 billion Bybit hack of 2025, which the FBI attributed to…

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