EthereumSolana's Price Hits $90: Tether Steps In
Solana's price hits $90 as Tether steps in to support Drift Protocol. SOL surges around 5% and outpaces Bitcoin, reinforcing Solana's fundamentals.
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21 articles tagged with “Drift Protocol”
EthereumSolana's price hits $90 as Tether steps in to support Drift Protocol. SOL surges around 5% and outpaces Bitcoin, reinforcing Solana's fundamentals.
CryptoCircle faces a class action lawsuit over the $285M Drift Protocol hack, alleging failure to freeze stolen USDC. The lawsuit could have far-reaching implications for the cryptocurrency industry.
CryptoA class action lawsuit was filed against Circle over a $280 million hack. The lawsuit alleges that Circle knowingly permitted attackers to offload stolen funds.
EthereumTether throws $128m lifeline to hacked Drift, aiming to recover stolen $286 million. The stablecoin giant's recovery plan requires Drift to use USDT as its main stablecoin.
EthereumDrift Protocol announces recovery plan after $295.7 million exploit. Tether to contribute up to $127.5 million to recovery pool.
EthereumTether announces $150M recovery program for Drift Protocol. The program aims to restore user funds and support the protocol's relaunch after a $280 million exploit.
EthereumTether steps in with a $150 million plan to aid Drift recovery. The plan links recovery funds to Drift’s trading revenue, ensuring gradual and performance-based recovery.
EthereumTether commits $127.5M to Drift Protocol recovery plan. The move aims to support user recovery and facilitate the platform's relaunch.
RegulationCircle stock sinks 10% amid analyst downgrade, sparking concerns over USDC exposure and crypto regulation. Regulatory clarity is crucial for the crypto market's growth.
CryptoNorth Korean hackers spent months infiltrating Drift Protocol, posing as traders and meeting contributors in person. This led to a massive $285 million exploit.
CryptoDrift Protocol $280M exploit took months of preparation. The attackers stole $280 million in crypto assets.
CryptoDrift Protocol sends onchain message to wallets tied to $280M exploit, aiming to pressure the attacker. The community takes proactive steps to recover lost funds.
EthereumDrift Protocol's $285M exploit on Solana raises DeFi security concerns. The incident highlights the need for robust security measures to protect user funds.
RegulationThe Drift Protocol hack has resulted in a significant loss of funds, with estimates suggesting that between $220 million and $270 million in assets were moved out of the protocol. The incident has sent shockwaves across the ecosystem, with the platform's native crypto, DRIFT, plummeting around 30% in value.
AltcoinsSolana's SOL token has dropped below $80 due to market weakness and a massive exploit on the Drift Protocol DeFi platform. The incident has raised concerns over the security of Solana's DeFi sector.
EthereumThe Drift protocol's $280 million exploit has sent shockwaves through the cryptocurrency market. Drift breaks down the exploit, revealing a sophisticated breach that exposed multiple fault lines at once.
AltcoinsDrift Protocol's vault has been hit by a suspected exploit, with $270M at risk. The incident is a significant blow to the Solana DeFi ecosystem.
DeFiSolana DeFi exchange Drift Protocol hacked, over $285 million stolen. DeFi security risks highlighted.
AltcoinsSolana-based Drift Protocol investigates $270m exploit. The native token, DRIFT, dropped sharply on the news. Users are advised not to deposit funds into the protocol until further notice.
CryptoDrift protocol warns users to pause deposits due to a potential $200 million exploit. The incident is under investigation and highlights the importance of security in the crypto space.
AltcoinsDrift Protocol vault loses $270 million in potential exploit. The incident highlights the importance of security and stability in DeFi protocols.