[CRYPTO]■ STORY TIMELINE

DRIFT PROTOCOL RAISES $147.5M AFTER $270M HACK

Drift Protocol secured $147.5 million in funding, with Tether contributing $127.5 million, following a $270 million exploit linked to North Korean hackers. The protocol plans to relaunch using Tether's USDT stablecoin as its settlement layer.

2 SOURCESFIRST SEEN APR 16, 04:55 PM► READ THE ARTICLE

Techmeme+0m

Drift Protocol secures $147.5M in funding, including $127.5M from Tether, to replace Circle stablecoin with USDT after a $270M exploit linked to North Korea (Will Canny/CoinDesk)

Will Canny / CoinDesk: Drift Protocol secures $147.5M in funding, including $127.5M from Tether, to replace Circle stabl…

Techmeme+20h 7m

Kraken parent company Payward agrees to acquire Bitnomial, a digital asset derivatives platform, for up to $550M in cash and stock, which values Payward at $20B (Will Canny/CoinDesk)

Will Canny / CoinDesk: Kraken parent company Payward agrees to acquire Bitnomial, a digital asset derivatives platform,…

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