Tether commits $127.5M for user recovery after Drift Protocol's $285M exploit, aiding in Solana's DeFi ecosystem recovery.

Stablecoin issuer Tether has announced that it will lead a $150 million recovery program for the Drift Protocol, which suffered a $280 million exploit.

CrossCurve announced that its cross-chain bridge was attacked, resulting in a loss of about $3 million across multiple networks.

The Drift Protocol exploit is linked to the DPRK Lazarus Group, which also performed the Bybit and Ronin Bridge hacks, the biggest in crypto space.

Drift Protocol, a decentralized cryptocurrency exchange (DEX), says the recent exploit against the platform was a ...

An attacker minted 1 billion bridged DOT tokens on Hyperbridge before selling it all for just $237,000 in Ether, igniting renewed concerns tied to cross-chain bridge security.

Balancer Labs is shutting down after a major exploit but the DeFi protocol will continue in a decentralized form.

For years, the DeFi industry has treated security as a technical problem: something that could be solved with better code. But the Drift incident suggests something far more complex: that the real ...

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Decentralized finance (DeFi) platform LI.FI protocol has been hit by a roughly $11 million exploit following a series of suspicious withdrawals, on-chain data shows. "Please do not interact with any ...

The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for ...