Drift, a decentralized perpetual contract trading platform, is taking significant steps to recover from a major security breach that resulted in losses estimated at $200 million to $270 million. The platform has appointed Noah Prince, the former protocol engineering lead at Helium, as the new head of protocol. His role will focus on enhancing the platform's code and security measures. Additionally, former team members from Gauntlet will join Drift to provide expertise in risk management and treasury support. An independent forensic investigation by Mandiant has confirmed that the attack was executed by the North Korean-linked hacker group UNC6862, known for similar cyber incidents. The breach, which occurred in April, affected various Drift vaults, including JLP Delta Neutral, SOL Super Staking, and BTC Super Staking. The compromised assets primarily consisted of around 41.7 million JLP tokens, valued at approximately $155 million, along with other cryptocurrencies such as SOL, USDC, cbBTC, and wBTC. To mitigate user losses, Drift plans to create a dedicated recovery pool funded by its revenue, aimed at compensating affected users.