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Bitcoin Up 2 Weeks: Beginning or End?HTX Community Spring Creation ContestVote to help HTX win & share 300 USDT!Drift gets $148 million funding from Tether and partners as it replaces Circle stablecoi

Drift gets $148 million funding from Tether and partners as it replaces Circle stablecoin with USDT after massive exploit

Drift Protocol, the victim of a recent North Korean exploit, plans to relaunch with Tether's $USDT as its settlement layer after securing a proposed funding package of up to $147.5 million from the stablecoin issuer and partners, the companies said on Thursday.

The deal includes up to $127.5 million from Tether and $20 million from the other partners, structured to support user recovery following Drift’s April 1 exploit and to reboot the platform as a $USDT-based perpetual futures exchange on Solana. Previously, the platform used Circle's stablecoin $USDC as its settlement layer.

The rescue package combines a revenue-linked credit facility, ecosystem grants and loans to market makers. A portion of trading revenue, alongside committed capital, will be directed to a recovery pool aimed at covering roughly $295 million in user losses over time.

The funding comes after a North Korea-linked group infiltrated Drift Protocol, posing as a quantitative trading firm for about six months before carrying out an exploit that was more than $270 million on April 1. Drift's governance token, DRIFT, has lost about 70% of its value since the exploit.

Circle came under fire from the crypto community for its seeming unwillingness to halt the money transfer after the exploit. The attacker moved about $232 million in $USDC from Solana to Ethereum using Circle’s cross-chain transfer protocol. Some critics, including blockchain investigator ZachXBT, said Circle could have moved faster to blacklist wallets and freeze funds to prevent (or at least slow down) the attacker from moving the assets.

However, Circle's didn't take any such actions due to legal risks.

Its CEO, Jeremy Allaire, later said that his company freezes $USDC wallets only when direc

Drift gets $148 million funding from Tether and pa

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🚀 $PSG /USDT Signal 🔥 PSG gaining momentum — steady climb expected! Trend: Bullish 📈 Entry Zone: 0.90 – 0.94 Support: 0.85 Resistance: 1.00 Targets 🎯: 1.10 1.25 1.40 Stop Loss: 0.80 ⚡ Fan tokens can p

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SWIFT has completed the design phase of its blockchain-based shared ledger, with real transactions expected in 2026, as noted by Cosmos co-CEO Maghnus Mareneck. Cosmos' recent licensing changes have s

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#Australia's labor market demonstrated resilience in March 2026, with employment figures rising broadly in line with analyst expectations. Data released Thursday by the Australian Bureau of Statistics

#Australia's labor market demonstrated resilience in March 2026, with employment figures rising broadly in line with analyst expectations. Data released Thursday by the Australian Bureau of Statistics (ABS) revealed a net increase of 17,900 jobs during the month, following a revised gain of 49,600 positions in February. The result closely matched market forecasts calling for a trend-consistent rise of around 20,000 jobs, signaling continued stability in the country's workforce.A key highlight from the latest ABS release was the strong rebound in full-time employment, which surged by 52,500 positions after a notable decline the previous month. This shift toward full-time work is widely regarded as a positive indicator of employer confidence, suggesting that Australian businesses are committing to longer-term staffing arrangements rather than relying on casual or part-time arrangements to fill workforce gaps.Australia's unemployment rate remained steady at 4.3% for the month, consistent with what economists had projected. This level of joblessness reflects a labor market that, despite global economic headwinds, continues to hold up well. The participation rate edged slightly lower to 66.8% from 66.9%, indicating a marginal reduction in the share of the working-age population either employed or actively seeking work. While the dip is modest, analysts will monitor whether this trend continues in coming months. Adding to the broadly positive picture, total hours worked climbed by 0.5% over the period, pointing to increased productivity and workforce engagement across industries. Taken together, the March employment data paints a picture of an Australian job market that remains fundamentally sound. With full-time hiring on the

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#Australia's labor market demonstrated resilience

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{future}(ONGUSDT) 🚨 MASSIVE $ONG SHORT ALERT: THE CRASH IS HERE! 🚨 $ONG is in an aggressive sell-off. Key support at 0.0795 has completely collapsed and 24h volume is a pathetic $10,000. There is zero

Claim1,200 USDT in the Monthly Creation ChallengeHTX Community Spring Creation ContestVote to help HTX win & share 300 USDT!latest recovery has pushed the flagship digital asset back toward the $75,00

latest recovery has pushed the flagship digital asset back toward the $75,000 level, tracking a broader return in risk appetite as hopes for de-escalation in the Middle East lifted global equities to fresh records.

However, the move is running into a quieter constraint than geopolitics or crypto-specific sentiment: the bond market still shows a Federal Reserve that remains in no hurry to loosen policy.

That backdrop has become more important as the succession battle at the US central bank enters a more volatile phase.

Bitcoin’s recovery hits a Fed ceiling with no sign

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This move on $ONT has bull trap written all over it unless buyers prove more. $ONT - SHORT Trade Plan: Entry: 0.07421 – 0.07470 SL: 0.07593 TP1: 0.07298 TP2: 0.07249 TP3: 0.07151 Why this setup? 4h st

BlockBeats News, April 9th, according to official sources, Global Dollar and Paxos have decided to increase their USDG stablecoin incentive deployed on Pendle from the initial $150,000 to $390,000 unt

Pendle's USDG Stablecoin Incentives Increase to $390,000

 Blockchain Forum 2026, Moscow

HTX DAO is live at Blockchain Forum (Moscow) 🇷🇺 🔥 The booth is buzzing with activity 👀 Huobao @HTX_huobao and @HuobiGlobal are drawing a huge crowd! 🎁 Come visit our booth to check in, connect, and gr

Claim1,200 USDT in the Monthly Creation ChallengeVote to help HTX win & share 300 USDT!HTX Community Spring Creation ContestDoubleZero, a network focused on speeding up blockchain data for traders, ha

DoubleZero, a network focused on speeding up blockchain data for traders, has launched a new platform called DoubleZero Edge that delivers faster real-time data from Solana, aiming to bring Wall Street-style infrastructure to crypto markets.

By using a dedicated fiber network instead of the public internet, the platform reduces delays in data delivery and introduces a new model where Solana validators can earn revenue by supplying market data to subscribers.

DoubleZero Foundation, a project building high-speed data infrastructure for blockchains like Solana, has rolled out a new platform to speed up how trading firms access crypto market data — a sign of growing demand for Wall Street-style systems in digital asset markets.

The project, called DoubleZero Edge, went live on Thursday. Its first offering is a real-time feed of raw data from the Solana blockchain, giving traders faster access to information that can influence prices.

Wall Street trading-tech is coming to crypto as Do

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