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Drift outlines a recovery plan for users after $295 million DPRK-linked exploit
ETH
ETH/USDT
$1,560.76
-3.68%
$1,560.76
-3.68%
(24s)24h Volume
$15,240,200,681.53
24h H/L
$1,660.54 / $1,532.90
Change: $127.64 (8.33%)
Long/Short
79.2%
Long: 79.2%Short: 20.8%
Funding Rate
-0.0032%
Shorts pay
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CS
CoinDesk Staff(06:57 PM UTC)
1 min read
996 views
0 commentsThe lending protocol proposed tokenized claims, a revenue-backed pool and a security overhaul as it works with law enforcement to recover the stolen funds.
Drift Protocol announced Tuesday the implementation of a recovery plan for users affected by a $295 million exploit on April 1, which it attributed to the North Korea state-backed DPRK hacking group identified by forensic firm Mandiant.
The…
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