Drift Secures $148M from Tether and Partners, Transitions to USDT After Exploit

Drift has raised $148 million from Tether and other partners to recover user funds following a $270 million exploit. The protocol will relaunch on Solana as a USDT-based perpetuals decentralized exchange.

Read the full article on CoinDesk

Opens in a new tab. Cointrackx tracks this click for statistics.

AI sentiment analysis

0,10 Slightly bullish

Bearish Bullish

This score is derived from the AI sentiment analysis of the title and summary of this article (Slightly bullish)

Mentioned tokens

USDT $1.00 -0,01%
SOL $119.34 -1,02%

Partner

Coingape

XRP Treasury Firm Evernorth’s XRPN Nasdaq Debut Pushed to Oct. 12 After Administrative Delay

2 hours ago

The Block

Robinhood adds $25 million worth of bitcoin to balance sheet as it deepens crypto push

2 hours ago

Coingape

BREAKING: Robinhood Buys $25 Million in Bitcoin, Crypto GM Johann Kerbrat Confirms

3 hours ago

Fear & Greed Index

Ethereum Gas

Fear & Greed Index

Ethereum Gas

Drift Secures $148M from Tether and Partners, Transitions to USDT After Exploit

Finst named Best Crypto Platform 2025

XRP Treasury Firm Evernorth’s XRPN Nasdaq Debut Pushed to Oct. 12 After Administrative Delay

Robinhood adds $25 million worth of bitcoin to balance sheet as it deepens crypto push

BREAKING: Robinhood Buys $25 Million in Bitcoin, Crypto GM Johann Kerbrat Confirms

Finst named Best Crypto Platform 2025

Related news

XRP Treasury Firm Evernorth’s XRPN Nasdaq Debut Pushed to Oct. 12 After Administrative Delay

Robinhood adds $25 million worth of bitcoin to balance sheet as it deepens crypto push

BREAKING: Robinhood Buys $25 Million in Bitcoin, Crypto GM Johann Kerbrat Confirms