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Finance
Grinex Exchange, Tied to Russia, Ceases Operations Following $13 Million Cyber Attack Allegedly Backed by a Nation-State
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April 17, 2026, 9:15 a.m.
Finance
Drift Secures $148 Million in Funding from Tether and Partners to Recover from Exploit
Following a significant exploit linked to North Korea, Drift Protocol has announced plans to relaunch with Tether's USDT as its primary settlement layer, backed by a proposed $147.5 million funding package from Tether and other partners. The deal comprises $127.5 million from Tether and $20 million from additional partners, aiming to facilitate user recovery and reboot the platform as a USDT-base…
April 16, 2026, 1 p.m.
Finance
Drift Secures $148 Million Investment from Tether and Partners Following Major Security Breach
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April 16, 2026, 1 p.m.
Finance
Drift Secures $148 Million in Funding from Tether and Partners to Revamp Protocol
In the aftermath of a devastating North Korean-led exploit, Drift Protocol has announced plans to relaunch with Tether's USDT as its primary settlement layer, thanks to a substantial funding package of up to $147.5 million from Tether and its partners. The package, which includes $127.5 million from Tether and $20 million from other partners, is designed to facilitate user recovery and reboot the…
April 16, 2026, 1 p.m.
Finance
Drift Secures $148 Million Investment from Tether and Partners Amidst Stablecoin Shift
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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 substantial exploit linked to a North Korean group, Drift Protocol has announced plans to relaunch its platform using Tether's USDT as its primary settlement layer, thanks to a funding package of up to $147.5 million from Tether and its partners. The package, which includes $127.5 million from Tether and $20 million from other partners, is designed to support the recovery of user fund…
April 16, 2026, 1 p.m.
Finance
Drift Secures $148 Million in Funding to Recover from Exploit and Transition to USDT
Drift Protocol, which recently fell victim to a North Korean exploit, has announced plans to relaunch with USDT as its settlement layer after receiving a substantial funding package of up to $147.5 million from Tether and other partners. The funding package, comprising a revenue-linked credit facility, ecosystem grants, and loans to market makers, aims to support the recovery of user funds and re…
April 16, 2026, 1 p.m.
Finance
Drift Secures $148 Million Investment from Tether and Partners Following Major Security Breach
None
April 16, 2026, 1 p.m.
Finance
Drift Secures $148 Million in Funding to Recover from Exploit and Transition to USDT
Following a significant exploit that resulted in the loss of over $270 million in user assets, Drift Protocol has announced plans to relaunch using Tether's USDT as its settlement layer, thanks to a proposed funding package of up to $147.5 million from Tether and its partners. The package, which includes up to $127.5 million from Tether and $20 million from other partners, is designed to support …
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 settlement layer, thanks to a proposed funding package of up to $147.5 million from Tether and its partners. The package, which includes up to $127.5 million from Tether and $20 million from other partners, aims to support user r…
April 16, 2026, 1 p.m.