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Web3 WatchNew details from Drift Protocol's ongoing investigation show the April 1 attack was staged over six months through face-to-face meetings at crypto conferences, third-party front operatives, and a silent code execution flaw in VSCode.
Web3 WatchOn-chain investigator ZachXBT says Circle watched $230M+ in stolen USDC move through its own bridge for six hours without intervention, as Drift Protocol confirmed a $285M exploit tied to a pre-planned multisig takeover.