The exploit did not involve a bug in Drift’s code. It used “durable nonces,” a legitimate Solana transaction feature, to pre-sign administrative transfers weeks before executing them, bypassing the protocol’s multisig security in minutes.Tech, Hack, DeFi, Top Stories, NewsRead More

You might also be interested in reading Crypto Flipsider News – Market Rally After Fed, Reddit Prepares IPO, Shiba European Exchange, Dogecoin Gets First NFT, Binance Indonesian Exchange, Tether Faces Another Lawsuit.