Live briefing · CoinDesk
Solana moves to scrap the transaction feature used in the $270 million Drift hack
What CoinDesk reports, why it matters and what remains unconfirmed.
TechBy Shaurya Malwa at CoinDesk
The story in one view
- Reported by
- CoinDesk
- Coverage lens
- Policy and regulation
- Published
- Evidence status
- Single attributed publisher report
What CoinDesk reports
A draft proposal would end the 'durable nonces' feature no earlier than May 5, 2027, forcing custodians that sign offline to rebuild how they move coins.
The immediate significance
The report describes direct security exposure for users, funds or software. The immediate significance is the potential harm; the confirmed scale and any protective action require technical or primary evidence beyond the publisher summary.
What remains unknown
- The publisher summary does not contain the complete victim, transaction or technical evidence.
- The report does not establish the final loss or exposure, or whether remediation is complete.
- No matched primary document independently supporting the central claim is linked to this page.
Live market check
The named assets, right now
Spot quotes from Kraken, checked .
Related Articles And Podcast
Further reporting and analysis on this story.
Podcast13 min
Daily Crypto Roundup: Blast Shuts Down, Bitcoin Drops Below $85K & $3.8M Hack Recovered
An Ethereum Layer 2 that once held more than $2 billion is shutting down because it now costs more to run than it earns.
Read the notes and play the episode
