{"id":584558,"date":"2026-04-16T15:11:36","date_gmt":"2026-04-16T15:11:36","guid":{"rendered":"https:\/\/news.bitcoin.com\/?p=806706"},"modified":"2026-04-16T15:11:36","modified_gmt":"2026-04-16T15:11:36","slug":"tether-steps-in-with-150m-support-plan-after-drift-protocol-loses-285m-in-exploit","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/04\/16\/tether-steps-in-with-150m-support-plan-after-drift-protocol-loses-285m-in-exploit\/","title":{"rendered":"Tether Steps In With $150M Support Plan After Drift Protocol Loses $285M in Exploit"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"432\" src=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/04\/tether-steps-in-with-150m-support-plan-after-drift-protocol-loses-285m-in-exploit-768x432.png\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"\" style=\"float:left;margin:0 15px 15px 0\" \/>Tether announced a recovery plan of up to $150 million to help Drift Protocol users recoup losses from an April 1 exploit that drained approximately $285 million from the Solana-based trading platform. Key Takeaways: Tether committed up to $127.5 million toward Drift Protocol\u2019s recovery plan following the April 1, 2026 exploit. The $150 million recovery [&#8230;] <a href=\"https:\/\/news.bitcoin.com\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tether announced a recovery plan of up to $150 million to help Drift Protocol users recoup losses from an April 1 exploit that drained approximately $285 million from the Solana-based trading platform. Key Takeaways: Tether committed up to $127.5 million toward Drift Protocol\u2019s recovery plan following the April 1, 2026 exploit. The $150 million recovery [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":584559,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":{"0":"post-584558","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/584558","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=584558"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/584558\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/584559"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=584558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=584558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=584558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}