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Category Drift

Solana-Based Drift Protocol Announces $150M Recovery Fund, New Token Following Tether Collab

Solana-Based Drift Protocol Announces $150M Recovery Fund, New Token Following Tether Collab

Solana-based decentralized exchange (DEX) Drift Protocol has shared the highly anticipated user recovery plan alongside Tether and other collaborat...
Circle (CRCL) Sued Over $280M Drift Protocol Hack—What Plaintiffs Claim

Circle (CRCL) Sued Over $280M Drift Protocol Hack—What Plaintiffs Claim

Circle (CRCL), the issuer behind the USDC stablecoin, is facing a fresh lawsuit in Massachusetts tied to the $280 million Drift Protocol hack that ...
Circle under fire as $230M in stolen USDC flows unblocked days after freezing legitimate accounts

Circle under fire as $230M in stolen USDC flows unblocked days after freezing legitimate accounts

Stablecoin issuer Circle is facing mounting scrutiny from blockchain researchers after millions of USD Coin (USDC) were stolen and flowed unimpeded...
Solana’s Drift Launches v3, With 10x Faster Trades

Solana’s Drift Launches v3, With 10x Faster Trades

With v3, the team says that about 85% of market orders will fill in under half a second, and liquidity will deepen enough to bring slippage on larg...
From Store Of Value To DeFi Powerhouse: Solana Unlocks Bitcoin’s True Utility — Here’s How

From Store Of Value To DeFi Powerhouse: Solana Unlocks Bitcoin’s True Utility — Here’s How

Bitcoin has been celebrated as digital gold and a secure store of value with limited functionality, but Solana’s high-speed, low-cost blockchain is...