Tether rescues Drift Protocol with $150M following North Korean attack
Tether injects $150 million to rescue Drift Protocol, a decentralized platform hit by a North Korean-attributed attack.
Published 13sem1 sourceImportant
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The fact
The protocol simultaneously abandons its USDC integration, focusing exclusively on Tether as its stablecoin partner.
This intervention highlights DeFi ecosystem vulnerabilities to cyberattacks and Tether's growing dominance in the stablecoin market.
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