Community Articles
via Decrypt · By Decrypt Editorial
How Solana Exchange Drift Plans to Repay Users After $295 Million Crypto Hack
ETH
ETH/USDT
$1,904.96
-0.45%
$1,904.96
-0.45%
(24s)24h Volume
$8,232,773,909.09
24h H/L
$1,936.99 / $1,899.59
Change: $37.40 (1.97%)
Long/Short
61.9%
Long: 61.9%Short: 38.1%
Funding Rate
+0.0015%
Longs pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(09:25 PM UTC)
1 min read
In brief
- Solana-based Drift Protocol was hacked on April 1, with $295 million in user funds drained by attackers linked to North Korea.
- Drift Protocol will issue recovery tokens to affected wallets, with each token representing $1 of verified loss.
- Tether committed up to $127.5 million in recovery funds, with strategic partners pledging an additional $20 million.
A month after North…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
Add COINOTAG as a Preferred Source
Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.
Add on GoogleComments
Comments