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

ETH

ETH/USDT

$2,726.17

+3.09%

$2,726.17

+3.09%

(24s)

24h Volume

$12,830,195,643.02

24h H/L

$2,743.00 / $2,639.37

Change: $103.63 (3.93%)

Long/Short

58.3%

Long: 58.3%Short: 41.7%

Funding Rate

+0.0030%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,712.60

▲ 0.91%

Volume (24h): -

Resistance Levels

Resistance 3$3,305.55

Resistance 2$3,143.74

Resistance 1$2,781.69

Price$2,712.60

Support 1$2,677.49

Support 2$2,559.64

Support 3$2,335.60

Pivot (PP):$2,664.73

Trend:Uptrend

RSI (14):64.8

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…