Topic
Drift Protocol
3 stories related to this topic, newest first.
benzinga.comfinance36 days ago
April DeFi Breaches Hit 27 of 30 Days as Institutions Tokenize Assets and Issue Stablecoins on Public Blockchains
Executives at Proof of Talk in Paris said persistent security breaches are preventing banks from adopting blockchain back-office systems. Drift Protocol and Kelp Dao were among the targets.
Substrate placeholder — needs reviewfinance84 days ago
Drift Protocol Plans Relaunch with Tether's USDT After North Korean Exploit
Drift Protocol, which experienced a recent exploit linked to North Korean actors, announced plans to relaunch using Tether's USDT as its settlement layer. The company has secured a proposed funding package of up to $147.5 million from Tether and partners to support the relaunch.
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Substrate placeholder — needs reviewworld95 days ago
Drift Protocol Hack Involved $270 Million Loss in Suspected Six-Month North Korean Operation
The Drift Protocol on Solana suffered a $270 million exploit in February 2024, which investigators link to a six-month operation attributed to North Korean actors. The attackers reportedly posed as a quantitative trading firm, engaged with protocol contributors at international c…
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