Drift Protocol relaunches with Tether's USDT after $295M cyberattack, receiving up to $147.5M funding to establish user recovery pool and switching from Circle's USDC settlement layer.
Circle's CSO Dante Disparte explained that USDC freezing requires legal procedures, not arbitrary decisions, following criticism over the Drift Protocol incident involving $270 million in losses.
digitaltoday.co.kr · identified_as_competitor_of · one week ago
Zcash surged past $300 following US-Iran ceasefire news, with 28% weekly gains and $800M trading volume. Privacy coins rallied as Bitcoin recovered to $71,000, though sustainability concerns remain.
JPMorgan: Crypto Market Structure Act likely to pass mid-year
JPMorgan predicts the Crypto Market Structure Act will likely pass by mid-2026, potentially transforming the crypto market and attracting institutional investors.
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