Crypto
Stablecoin issuer Circle faces lawsuit over $280M Drift Protocol hack
Circle was accused of aiding and abetting the conversion of the stolen funds and negligence after it did not freeze funds stolen from the Drift Protocol in Apr…
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Drift Protocol
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Latest on Drift Protocol
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Circle stock sinks 10% amid analyst downgrade, Drift Protocol probe
The stablecoin issuer faces pressure after a stock downgrade and Drift Protocol exploit fallout, raising concerns over USDC exposure, crypto regulation and mar…
Drift Protocol $280M exploit took 'months of deliberate preparation'
Drift Protocol said, with "medium-high confidence," that the recent attack was carried out by the same actors responsible for the $58 million Radiant Capital h…
Crypto
Drift Protocol warns users to pause deposits amid 'unusual' trading activity
The reported incident could be a $200 million exploit of the decentralized crypto exchange due to a leak of a crypto wallet private key.
