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The cryptocurrency industry is no stranger to smart contract vulnerabilities and phishing scams, but the Drift hack is widely viewed as a step change in sophistication. A report shared by Drift Protocol says the operation is heavily suspected to involve a North Korean state-affiliated threat group.
According to the report, the activity began in late 2025. Instead of relying solely on digital intrusion, the suspected attackers used third-party intermediaries—who were not North Korean nationals—to approach Drift contributors in person at major crypto conferences.
The intermediaries reportedly presented themselves as professionals with verifiable backgrounds and demonstrated technical fluency. They posed as a quantitative trading firm and sought to integrate with the protocol, with the effort taking place over a period described as “six months in the making.”
The report says the attackers physically stalked and socially engineered the developers in real life. It describes the process as requiring “alarming patience and resources,” reflecting a sustained effort to gain trust and access through in-person interaction rather than only through online tactics.

In brief\n\nBitcoin dropped to about $93,000, falling back below the EMA50 and putting its recent golden cross at risk of invalidation. The global crypto market cap stands at $3.15 trillion, down 2.38% in 24 hours. On Myriad Markets, 82% of the money is betting on Bitcoin pumping to $100K before…