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…
Drift Protocol, the victim of a recent North Korean exploit, plans to relaunch with Tether’s USDT as its settlement layer…
Key Takeaways: Tether committed up to $127.5 million toward Drift Protocol’s recovery plan following the April 1, 2026 exploit. The…
Solana‑based Drift Protocol’s $270m exploit has become a live test of how Circle, DeFi builders and lawmakers share responsibility when…
The Solana Foundation announced a suite of security initiatives on Monday, just five days after decentralized finance (DeFi) platform Drift…
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Key Takeaways: The Solana Foundation and Asymmetric Research launched STRIDE on April 6, 2026, a tiered DeFi security program covering…
A six-month intelligence operation preceded the $270 million exploit of Drift Protocol and was carried out by a North Korean…
Drift Protocol said the April 1 attack on its platform followed months of planning and social engineering. Summary Drift said…
After the $285 million Drift hack, the focus is shifting to Circle (CRCL) and whether it could have done more…
The attack on Drift Protocol was not a hack in the traditional sense. Nobody found a bug or cracked a…