Pyra shuts down after Drift exploit, cancels cards and gives users until September 15, 2026 to withdraw

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Pyra says it will wind down after the Drift exploit hit its business and users hard enough that months of rescue options did not produce a sustainable path. New sign-ups are closed, all cards are canceled, and existing balances remain withdrawable while the team launches a web portal for open positions, withdrawals, and eventual Drift recovery token distribution. Users are being told to withdraw funds and export private keys ASAP; Pyra says that functionality will stay live until September 15, 2026.

TLDR by @Benthic

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Pyra shuts down after Drift exploit, cancels cards and gives users until September 15, 2026 to withdraw

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Pyra shuts down after Drift exploit, cancels cards and gives users until September 15, 2026 to withdraw

More coverage

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