North Korean Hackers Steal $577 Million in Crypto
- Hack Overview: In April 2026, two hacks by North Korea's Lazarus Group stole $577 million, accounting for 76% of all crypto theft this year, highlighting the severity of state-sponsored cybercrime.
- Drift Protocol Loss: On April 1, the Drift Protocol was drained of approximately $285 million in just twelve minutes, as attackers used social engineering and multisig approvals to gain necessary access, underscoring vulnerabilities in DeFi security.
- KelpDAO Attack Impact: On April 18, KelpDAO was attacked, losing about $292 million, which triggered a bank run risk in the DeFi ecosystem, with users withdrawing over $8.4 billion in deposits within hours, reflecting extreme market concerns over security.
- State-Level Cyber Threat: The Lazarus Group has stolen over $6 billion in cryptocurrency since 2017, indicating that the threats facing the crypto industry have shifted from technical vulnerabilities to state-sponsored intelligence operations, forcing the industry to reassess its security measures.
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Technical Analysis for DRIFT
Technical Sentiment Analysis for Drift (DRIFT). As of , Drift (DRIFT) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 4 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for DRIFT stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, DRIFT is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Drift (DRIFT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | -0.00651 | 0.01 | 0.0201 | 0.0366 | 0.0467 | 0.0632 | 0.0733 |
| Fibonacci | 0.01 | 0.0202 | 0.0265 | 0.0366 | 0.0468 | 0.0531 | 0.0632 |
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