DeFi protocol Carrot becomes first casualty of $285M Drift exploit
Solana-based decentralized finance yield protocol Carrot said Thursday that it is shutting down permanently, becoming one of the first DeFi protocols to fall due to...
Tag : Drift
Drift Taps Tether for $148 Million Recovery Plan, Ditches Circle's USDC Following DeFi Exploit
In brief Drift Protocol is working with Tether on establishing a recovery pool for victims that lost $295 million to an exploit this month. Drift...
Circle Hit With Class Action Lawsuit Over $285M Drift Protocol Hack
In brief Stablecoin issuer Circle is facing a class action lawsuit from Drift Protocol investors who lost money in a recent $280 million exploit of...
At least a dozen crypto entities attacked since Drift Protocol hack
At least 12 DeFi protocols and crypto businesses have been attacked in just over two weeks since the $280 million Drift Protocol exploit on April...
Circle faces lawsuit as $230M in stolen USDC moved across chains after Drift breach
A new class action lawsuit has put Circle under legal scrutiny over its response to the movement of stolen USDC following the Drift Protocol hack....