How Solana Exchange Drift Plans to Repay Users After $295 Million Crypto Hack
In brief Solana-based Drift Protocol was hacked on April 1, with $295 million in user funds drained by attackers linked to North Korea. Drift Protocol will issue recovery tokens to affected wallets, with each token representing $1 of verified loss. Tether committed up to $127.5 million in recovery funds, with strategic partners pledging an additional…