RT Naga AvanNomayo: Drift Protocol recovers $127M after $280M exploit; $153M still unaccounted for
RT Naga AvanNomayo: Drift Protocol says it has recovered $127 million following a $280 million exploit, leaving $153 million still missing. The protocol credited assistance from Tether and other partners. The recovery effort also came with a strategic shift: moving away from Circle and converting USDC to USDT, amid frustration over what it described as slow fund-freeze responses. More details were reported by The Block.