Drift Protocol's Recovery Plan: Paying Back Users & Relaunching episode artwork

EPISODE · May 5, 2026 · 1 MIN

Drift Protocol's Recovery Plan: Paying Back Users & Relaunching

from The Daily News Now! Business

Drift Protocol, a Solana-based crypto exchange, unveils a robust recovery plan following a $295 million hack by North Korean hackers. The plan includes paying back affected users with recovery tokens, a growing payback pool, and enhanced security measures. The exchange aims to relaunch as a streamlined perps platform in Q2 2026, backed by top market makers and a $20 million liquidity boost from Tether. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a1f1b4cda3856c7f

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Drift Protocol's Recovery Plan: Paying Back Users & Relaunching

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This episode was published on May 5, 2026.

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Drift Protocol, a Solana-based crypto exchange, unveils a robust recovery plan following a $295 million hack by North Korean hackers. The plan includes paying back affected users with recovery tokens, a growing payback pool, and enhanced...

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