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BTC $60,711.29 -1.79%
ETH $1,557.84 -3.04%
BNB $574.79 -0.52%
XRP $1.08 -2.79%
SOL $61.86 -4.52%
TRX $0.3225 -0.07%
DOGE $0.0809 -2.29%
ADA $0.1571 -3.11%
BCH $214.60 -2.51%
LINK $7.33 -2.12%
HYPE $56.66 -4.44%
AAVE $60.23 -3.58%
SUI $0.7067 -0.73%
XLM $0.2050 +2.24%
ZEC $352.76 -4.41%

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Drift announced the restart of its Perp DEX for the Solana ecosystem, with revenue used to establish a user compensation fund

Drift Protocol stated that its current top priority is to restart the platform and restore revenue-generating capabilities to expedite the recovery process of user funds. After the platform restarts, it will become the largest USDT-based perpetual contract trading platform on Solana, and the related revenue will be used to support a specially established user compensation fund.Drift claims that substantial progress has been made in the restart efforts with strategic support from Tether and other partners. To enhance security, Drift announced the appointment of Noah Prince, the former head of engineering at Helium Protocol, as the protocol lead, responsible for protocol restructuring and security system upgrades.Meanwhile, former members of the Gauntlet team have also joined the restart efforts, providing risk management and treasury design support for the platform, including clearing engine reviews, funding rate optimization, market parameter adjustments, and ongoing risk monitoring. Additionally, Drift has hired the cybersecurity company Mandiant to conduct an independent forensic investigation of the attack incident.The investigation results indicate that this attack can be clearly attributed to the North Korean hacker group UNC6862, which is associated with multiple cyber attack operations. Drift stated that it will continue to prioritize security in advancing the platform restart and will announce the user compensation mechanism and specific timeline in the future.

first_img Polymarket has reached an exclusive partnership with OneFootball, reaching 645 million fans before the World Cup starts

Polymarket announced on Thursday that it has signed an exclusive partnership agreement with the Berlin digital football platform OneFootball, which will connect the prediction market to OneFootball's 200 million monthly active users and 645 million fan ecosystem about two weeks before the start of the 2026 FIFA World Cup. Polymarket will be the only prediction market partner within the OneFootball app, and competitors like Kalshi will not be allowed to enter this product.This is Polymarket's seventh major football partnership this year and the first collaboration aimed at media application distribution channels, having previously signed agreements with MLS, LaLiga, Serie A, Lazio, and DAZN.According to analysis by the Pew Research Center, since July 2024, sports have accounted for 39% of Polymarket's total trading volume. The 2026 World Cup champion market has seen a cumulative trading volume of over $1.2 billion since its launch last July, while the broader World Cup category market totals approximately $1.3 billion.OneFootball has previously launched the OFC token based on Base and Ethereum, as well as the points system BALLS. The integration with Polymarket will convert user engagement into actual transactions. OneFootball has raised over $300 million in funding, with investors including Liberty City Ventures, Animoca Brands, and Adidas.
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