BTC $78,836.67 -1.05%
ETH $2,472.55 -0.34%
BNB $737.53 -1.23%
XRP $1.39 -1.58%
SOL $103.57 -2.06%
TRX $0.3341 -0.36%
DOGE $0.0893 +0.61%
ADA $0.2188 +0.36%
BCH $265.95 +3.85%
LINK $12.84 +4.91%
HYPE $85.27 -3.19%
AAVE $131.51 -1.51%
SUI $0.8087 +1.72%
XLM $0.1911 +3.77%
ZEC $1,150.17 -2.13%
BTC $78,836.67 -1.05%
ETH $2,472.55 -0.34%
BNB $737.53 -1.23%
XRP $1.39 -1.58%
SOL $103.57 -2.06%
TRX $0.3341 -0.36%
DOGE $0.0893 +0.61%
ADA $0.2188 +0.36%
BCH $265.95 +3.85%
LINK $12.84 +4.91%
HYPE $85.27 -3.19%
AAVE $131.51 -1.51%
SUI $0.8087 +1.72%
XLM $0.1911 +3.77%
ZEC $1,150.17 -2.13%

ecosystem

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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.

Gate collaborates with Inter Milan to hold the "Gate x Inter XIII" high-end reception, activating the European community ecosystem connection with sports IP

The globally leading cryptocurrency trading platform Gate held an offline high-end reception titled "Gate x Inter XIII: Champion's Circle" on May 21 in Milan, Italy at Sublime Milano.The event invited nearly a hundred core guests to engage in deep interaction and communication around the championship moments of Inter Milan and the theme of Gate's thirteenth anniversary. During the event, guests visited the Inter Milan headquarters to view the championship trophy tour, participated in the Gate thirteenth anniversary celebration ceremony, and sang birthday wishes together with legendary football stars.In the interactive session, there was also an opportunity for autographs and photos, along with a pizza and drinks networking reception, further strengthening the community connections among guests. At the end of the event, Gate Europe CEO Giovanni Cunti personally delivered a speech, expressing sincere gratitude for the long-term support of community members and demonstrating Gate's firm determination to deepen its presence in the European market through high-profile sports cross-industry collaborations.Leveraging the championship heat and global attention of Inter Milan's "double crown" this season, Gate is enhancing the real connection between the brand and users through offline deep experiences and interactions with top sports IPs. Previously, Gate Europe CEO Giovanni Cunti attended the Malta Digital Assets Forum 2026 roundtable discussion on May 14, sharing insights on regulatory practices and industry development trends following the implementation of MiCA. Gate is promoting the integration of Web3 culture in broader scenarios through a dual strategy of sports IP collaboration and compliance dialogue in Europe.
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