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Drift Protocol's Recovery Plan After $295M Hack
Published 2 weeks, 5 days ago
Description
Drift Protocol unveils recovery plan after $295M exploit, blames North Korea-backed hackers. Issuing recovery tokens, freezing funds, and teaming with law enforcement. Aiming for a security-first exchange relaunch in Q2, with tighter controls and perpetuals trading. Governance votes to decide the final call, potentially setting a new standard for crypto lending recovery.
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