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Finance
Payward Acquires Bitnomial for $550 Million, Expanding Its U.S. Crypto Derivatives Presence
Kraken's parent company, Payward, has agreed to purchase digital asset derivatives platform Bitnomial in a transaction valued at up to $550 million, comprising cash and stock, according to a press release shared exclusively with CoinDesk. This deal values the firm at $20 billion. Founded over a decade ago, Bitnomial is notable for being the first crypto-native platform to obtain all three necessa…
April 17, 2026, 12:15 p.m.
Finance
Cryptocurrency Exchange Grinex Suspends Operations Following Alleged State-Sponsored Hack
A significant cyber attack has prompted Grinex, a digital currency exchange popular among Russian users seeking to circumvent sanctions, to halt its operations. The breach, which occurred on the platform's systems, resulted in the theft of approximately 1 billion rubles, equivalent to $13 million. The exchange, headquartered in Kyrgyzstan, revealed the incident through a statement on its website …
April 17, 2026, 9:15 a.m.
Finance
Grinex Exchange, Linked to Russia, Ceases Operations Following $13 Million Cyber Attack
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April 17, 2026, 9:15 a.m.
Finance
Cryptocurrency Exchange Grinex Suspends Activities Following $13 Million Cyber Heist
A prominent cryptocurrency exchange, Grinex, which was popular among Russians seeking to circumvent sanctions, has halted its operations after falling victim to a massive cyber attack that resulted in the theft of approximately 1 billion rubles, equivalent to $13 million. The exchange announced the breach via its Telegram channel and an official statement on its website, attributing the sophistic…
April 17, 2026, 9:15 a.m.
Finance
Drift Secures $148 Million Investment from Tether and Partners Following Stablecoin Switch
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April 16, 2026, 1 p.m.
Finance
Drift Secures $148 Million in Funding from Tether and Partners to Recover from Exploit
Following a significant exploit that resulted in the loss of over $270 million in client assets, Drift Protocol has announced a proposed funding package of up to $147.5 million from Tether and its partners. This package, which includes up to $127.5 million from Tether and $20 million from other partners, aims to support user recovery and reboot the platform as a USDT-based perpetual futures excha…
April 16, 2026, 1 p.m.
Finance
Drift Secures $148 Million in Funding from Tether and Partners to Recover from Exploit
Following a significant exploit that resulted in the loss of over $270 million in client assets, Drift Protocol has announced plans to relaunch with Tether's USDT as its primary settlement layer, backed by a substantial funding package of up to $147.5 million from Tether and its partners. This deal comprises $127.5 million from Tether and $20 million from other partners, structured as a combinati…
April 16, 2026, 1 p.m.
Finance
Drift Secures $148 Million in Funding to Recover from Massive Exploit and Relaunch with USDT
Following a significant exploit linked to North Korea, Drift Protocol is set to relaunch with Tether's USDT as its settlement layer after securing a substantial funding package of up to $147.5 million from Tether and its partners. The funding package, which includes $127.5 million from Tether and $20 million from other partners, is designed to support user recovery and reboot the platform. Previo…
April 16, 2026, 1 p.m.
Finance
Drift Secures $148 Million in Funding from Tether and Partners to Recover from Massive Exploit
Following a significant exploit that resulted in the loss of over $270 million in client assets, Drift Protocol has announced plans to relaunch with Tether's USDT as its new settlement layer, thanks to a proposed funding package of up to $147.5 million from Tether and its partners. The funding package, which includes up to $127.5 million from Tether and $20 million from other partners, is designe…
April 16, 2026, 1 p.m.
Finance
Drift Secures $148 Million in Funding to Recover from Exploit and Transition to USDT
In the aftermath of a significant exploit that resulted in over $270 million in client asset losses, Drift Protocol has announced a substantial funding package of up to $147.5 million from Tether and its partners. This investment will facilitate the recovery of user funds and enable the platform to relaunch as a USDT-based perpetual futures exchange on Solana, transitioning away from its previous…
April 16, 2026, 1 p.m.