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.
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.
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.
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.
DWF Ventures Explores Innovations in Perpetual DEXs Landscape
DWF Ventures delves into perpetual DEXs, emphasizing the blend of decentralization and innovation. The discourse spans from perpetuals' inception in 2016 to notable DEX protocols like dYdX and HyperliquidX advancing the ecosystem. The narrative underscores the continuous innovation and the anticipation for future advancements in the perpetual DEX landscape.