DRIFT PROTOCOL
Drift Protocol
12 DeFi Protocols Hit in Two-Week Hack Spree Following $280M Drift Exploit
At least 12 crypto protocols attacked since April 1 Drift Protocol hack, with losses including $13.7M from Grinex and $7.6M from Rhea Finance.
Drift Protocol
Tether Commits $127.5M to Drift Protocol Recovery After $280M Exploit
Tether leads $150M recovery program for Drift Protocol following April's North Korea-linked hack, with platform switching from USDC to USDT settlement.
Drift Protocol
Tether Commits $127.5M to Drift Protocol Recovery After $285M DPRK Hack
Tether leads $150M recovery plan for Drift Protocol following April 1 exploit. Platform will switch from USDC to USDT for settlement, bringing 128K users to Tether.
Drift Protocol
Circle Defends USDC Freezing Powers After $270M Drift Protocol Exploit
Circle CEO addresses stablecoin freezing authority following Drift Protocol's $270M hack, calls for faster legal frameworks to combat crypto exploits.