Blockonomi

Drift Protocol Secures $147.5 Million Recovery Package After April 1 Exploit

Drift Protocol secures $147.5M from Tether and partners to recover $295M in user losses after the April 1 exploit via a ...

Tether throws $128m lifeline to hacked Drift. But the USDT issuer wants something in return

Tether will donate money to Drift Protocol after the exchange was hacked. But the $127.5 million deal means Drift will make ...
RACER

Formula DRIFT ace Fredric Aasbø on the art and science of sideways

Formula DRIFT brings the sideways spectacle, the tire smoke and the noise. Visually, it’s unlike any other motorsports – ...
Business Wire

Drift Protocol, Tether, and Partners Announce Up to Nearly $150 Million Strategic Collaboration to Support User Recovery and Drift Protocol’s Shift to USDT

Drift Protocol (“Drift”) today announced a collaboration with Tether and other partners, through which Tether is proposed to contribute up to $127.5 million ...
The Drive

Turning Old Stock Cars Into Drift Cars Makes Perfect Sense

One enthusiast has decided former circle track cars are the key to the sustainability of drifting’s future. Even better, he put his money where his mouth is, turning one such race car into a capable ...

Drift Protocol jumps 20% as Tether backs $127.5M recovery plan

Buy DRIFT spot. Tether’s $127.5M recovery funding plus $20M partners directly de-risks relaunch execution and user repayment, ...

Tether extends $127.5 million in funding to crypto platform Drift as critics blast rival Circle for failing to freeze hacked funds

Tether, meanwhile, appears to have used the episode to gain goodwill at the expense of its rival. Nicky Scannella, lead for ...
StateTech Magazine

What Is Configuration Drift, and How Can Governments Manage It?

As state and local agencies accelerate cloud adoption, security and compliance issues increasingly stem not from missing ...