According to Wu Shuo, as disclosed by Cyvers Alerts, the $280 million theft from Drift Protocol was a long-term social engineering attack initiated by North Korean (DPRK) hackers, rather than a contract vulnerability. The attackers set up persistent random number accounts starting on March 23 and compromised the signers. Ultimately, on April 1, within just a few minutes, they exploited a critical weakness in the project’s 2/5 multi-signature setup without a time lock to gain admin access and remove withdrawal restrictions. Currently, Drift has attempted to negotiate through on-chain messages. The ripple effects of this incident have impacted more than 20 Solana protocols.

[Chip Game] In-Depth Review of Liquidity Pool Changes After Networking: Real Value or Digital Bubble? In the crypto market, liquidity is the lifeline. A protocol without depth is like rowing on dry land—no matter how cool your AR technology is, in the eyes of professional traders, assets that can't be bought or sold are just a pile of waste paper. I've been observing the interconnected liquidity of @RealGoOfficial for a long time. This networking event is not just about changing profile pictures; it has fundamentally reshaped the balance of chip game dynamics for $RT at the underlying logic level. Today, we won't talk about sentiment, but will analyze the true game behind the order book. 1. Cross-Chain Liquidity: Breaking the Deadlock of Single-Chain Trampling Traditional chain games fear the spiral downward caused by liquidity exhaustion on a single chain. Once a large holder dumps, the entire pool collapses instantly. But with the integration of cross-chain liquidity pools, the trading depth of $RT is no longer confined to a single side chain or Layer 2 network. This global liquidity feature greatly disperses the selling pressure risk of a single node. For genuine traders, reducing slippage means lowering trial-and-error costs. Assets produced based on physical coordinates now gain mainstream DEX-level survival guarantees at the financial layer for the first time. 2. Chip Concentration: Who Is Paying for This Growth? By analyzing address distribution before and after the networking event, I found that chips are secretly shifting from speculators to high-net-worth holders. The branding endorsement brought by the networking attracted a group of veteran Solana and Base players who were originally on the sidelines. These people are highly sensitive to liquidity; their first action upon entering is to establish a base position and provide LP. This creates a positive feedback loop: the deeper the liquidity, the more big players enter. This game structure is much more stable than simply pumping the price. 3. Dynamic Game: The Second Derivative of Liquidity Mining Many people only see the profits from providing liquidity but overlook the impermanent loss game behind it. The incentive scheme designed by RealGo essentially uses ecosystem rewards to hedge LP risks. As long as the 58k active weekly users of the AR game continue to generate genuine consumption, the growth of the liquidity pool is a rooted tree.

Today’s volatile market, ETH, BTC, and SOL are following yesterday’s strategy.