How Solana Exchange Drift Plans to Repay Users After $295 Million Crypto Hack

ETH

ETH/USDT

$2,384.28

+4.26%

$2,384.28

+4.26%

(24s)

24h Volume

$29,317,221,689.72

24h H/L

$2,447.98 / $2,255.68

Change: $192.30 (8.53%)

Long/Short

56.6%

Long: 56.6%Short: 43.4%

Funding Rate

+0.0071%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,402.70

▲ 3.26%

Volume (24h): -

Resistance Levels

Resistance 3$2,704.29

Resistance 2$2,522.49

Resistance 1$2,426.38

Price$2,402.70

Support 1$2,340.56

Support 2$2,268.28

Support 3$2,127.28

Pivot (PP):$2,302.79

Trend:Uptrend

RSI (14):86.3

Decrypt Editorial

(09:25 PM UTC)

1 min read

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…