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Tag: drift

Drift gets 8 million rescue fund and Tether will replace Circle’s USDC for settlement after massive exploit
Bitcoin

Drift gets $148 million rescue fund and Tether will replace Circle’s USDC for settlement after massive exploit

Drift Protocol, the victim of a recent North Korean exploit, plans to relaunch with Tether’s USDT as its settlement layer…

nileshsha@hotmail.comApril 17, 2026
Tether Steps In With 0M Support Plan After Drift Protocol Loses 5M in Exploit – Crypto News Bitcoin News
Bitcoin

Tether Steps In With $150M Support Plan After Drift Protocol Loses $285M in Exploit – Crypto News Bitcoin News

Key Takeaways: Tether committed up to $127.5 million toward Drift Protocol’s recovery plan following the April 1, 2026 exploit. The…

nileshsha@hotmail.comApril 16, 2026
Circle calls for ‘circuit breakers’ after 0M Drift Protocol DeFi hack
Bitcoin

Circle calls for ‘circuit breakers’ after $270M Drift Protocol DeFi hack

Solana‑based Drift Protocol’s $270m exploit has become a live test of how Circle, DeFi builders and lawmakers share responsibility when…

nileshsha@hotmail.comApril 11, 2026
Solana Foundation launches security overhaul days after 0 million Drift exploit
Bitcoin

Solana Foundation launches security overhaul days after $270 million Drift exploit

The Solana Foundation announced a suite of security initiatives on Monday, just five days after decentralized finance (DeFi) platform Drift…

nileshsha@hotmail.comApril 8, 2026
Lewis Hamilton Mobs a Ferrari F40 in His Own New ‘Tokyo Drift’ Video
Car Reviews

Lewis Hamilton Mobs a Ferrari F40 in His Own New ‘Tokyo Drift’ Video

The biggest car news and reviews, no BS Our free daily newsletter sends the stories that really matter directly to…

nileshsha@hotmail.comApril 7, 2026
Solana Foundation Launches STRIDE Security Program for DeFi Protocols Following Drift Incident – Defi Bitcoin News
Bitcoin

Solana Foundation Launches STRIDE Security Program for DeFi Protocols Following Drift Incident – Defi Bitcoin News

Key Takeaways: The Solana Foundation and Asymmetric Research launched STRIDE on April 6, 2026, a tiered DeFi security program covering…

nileshsha@hotmail.comApril 7, 2026
Drift says 0 million exploit was a six-month North Korean intelligence operation
Bitcoin

Drift says $270 million exploit was a six-month North Korean intelligence operation

A six-month intelligence operation preceded the $270 million exploit of Drift Protocol and was carried out by a North Korean…

nileshsha@hotmail.comApril 5, 2026
Drift links 0M hack to radiant attackers
Bitcoin

Drift links $280M hack to radiant attackers

Drift Protocol said the April 1 attack on its platform followed months of planning and social engineering.  Summary Drift said…

nileshsha@hotmail.comApril 5, 2026
Circle faces backlash after 5 million Drift hack
Bitcoin

Circle faces backlash after $285 million Drift hack

After the $285 million Drift hack, the focus is shifting to Circle (CRCL) and whether it could have done more…

nileshsha@hotmail.comApril 4, 2026
Here is how Drift attackers drained more than 0 million using a Solana feature designed for convenience
Bitcoin

Here is how Drift attackers drained more than $270 million using a Solana feature designed for convenience

The attack on Drift Protocol was not a hack in the traditional sense. Nobody found a bug or cracked a…

nileshsha@hotmail.comApril 2, 2026

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