Stories tagged #Drift

Solana Mints $1B USDC as Drift Shutdown Leaves Users Waiting

zippfeed.com

🩸BEARISH

45d ago

Solana Mints $1B USDC as Drift Shutdown Leaves Users Waiting

The subsidy is the bet: Solana is paying high-volume traders to populate order flow before on-chain markets can prove the activity survives without the incentive.

CryptoSlate

Circle frees $230M in stolen USDC while freezing Drift users

zippfeed.com

🩸BEARISH

51d ago

Circle frees $230M in stolen USDC while freezing Drift users

The contradiction cuts to the heart of stablecoin governance: when an issuer can freeze funds, who decides whose funds get frozen, and on what timeline?

CryptoSlate