JMS

@redacted_noah @DriftProtocol Go max . I will keep buying the token if you keep dropping updates.

While it's been an epic few years at Helium, I couldn't resist the call of another migration-level challenge. Those of you who know me know I can't resist chewing some glass. As such, I am going to join @DriftProtocol team and help them relaunch. Why? Because I genuinely believe that Drift provides a valuable set of primitives to the ecosystem and is worth saving. This is also the best path to funding user recovery; we must build something so useful it can generate the revenue needed for the recovery pool. Tall order. The landscape has shifted. Trust is eroded. Things that are worthwhile are rarely easy, and this is no exception. I fully acknowledge I could be applying for a job at Wendy’s in 6 months. Everyone has forks in the road in their careers, easier paths vs harder paths. I have chosen the harder path at every turn; and it has paid off. Not every swing hits, but even in failure you massively level up your skillset. My focus is on improving the security stance of Drift, getting it relaunched, then turning it into the best perps exchange in existence: First, that means working with STRIDE to ensure we're following the best multisig and opsec practices. I won’t be taking this endeavor alone, the chads at @asymmetric_re and @osec_io have been incredibly helpful and continue to be deeply involved in auditing both new code and new operational practices. Security does not come from one individual, it comes from cultivating a culture of security and having outside professionals continuously verify that work. Second, I am overhauling the codebase (within reason). Over the years it has picked up a large set of features, many of which no longer need to be used. The protocol has solid bones, but tight coupling has led to a buildup of tech debt that is easier to fix during this downtime. Third, I want to build multiple levels of security and circuit breakers into the protocol. DeFi protocols must be structured to limit the ability of a single incident or contagion to create havoc. I will be thinking from the perspective of defense-in-depth; there should be layers of protection to prevent incidents like the April 1st hack. The program should reject suspicious changes even if they come from an operational multisig. Lastly, and more long term, I want Drift to become the most compelling perps exchange on the market. I am very much looking forward to entering the arena that is perps on Solana. It is an honor to be competing with the chads on all the other teams (Phoenix, Bulk, Gm, Imperial, Pacifica, etc). Steel sharpens steel, and I eagerly await the firehose of knowledge over these next few months. Solana needs as many shots on goal as it can get. One (or many) of us will win.

@cindyleowtt @redacted_noah Thank you for the much awaited for updates. Hope to see these more frequently to keep the dream alive

Today we published a protocol update, providing the latest on where we are on relaunch and a path to user recovery. Excited to announce that @redacted_noah, one of Solana’s top smart contract engineers, will be joining Drift as Head of Protocol and previous members of the @gauntlet_xyz team contributing their risk expertise are meaningful additions as we gear up to bring the platform back online. Drift will relaunch as the largest USDT-based perps exchange on Solana, with a focus on scalable security and performance. We know our users are still carrying real losses, and that has not left our focus for a moment. We are committed to building Drift into the platform this ecosystem deserves and drive full user recovery. Relaunch is where that work begins in earnest. Full update: drift.trade/updates/drift-…

@DriftProtocol Thank you. This is all I have asked for is more updates frequently. Appreciate it

Today we are sharing an update on Drift recovery and relaunch drift.trade/updates/drift-…

@ChungWinPhan @JRoland_ Gme doesn't have 50 billion to buy ebay. Laughable . Closing stores because of revenue problems. This stock is an absolute joke. In 5 years it will be a 6 dollar stock

@Senecal19 @JRoland_ AMC is borrowing 50 billion to pay debt?

With a bit of luck maybe $AMC

@JayTC53 You got paid for this post. Bot

When Tyler Robinson gets found guilty and sentenced to death for taking Charlie Kirk from us. Every person who tried to get Robinson off with fake conspiracy theories and bullshit should be outcasted & black balled from public society. They weren't "just asking questions" they actively engaged in a disinformation campaign to try to get Robinson off. A cold blooded murderer. That has no place in public society.

@ergul4738 @tracybbd @cindyleowtt Exactly. Not enough updates and road map to rebuild community confidence. Should bring in a public relations expert. Ive seen other exchanges get hacked and they deal with updates non stop, road map etc to save the project

@tracybbd @Senecal19 @cindyleowtt Upbit and Bithumb are deleting the stock exchanges drift i, it loses a lot of confidence, you have no answer to it

CLARIFICATION: DIP-10 is unrelated to the Insurance Fund. It is specifically about the remaining spot assets in the Borrow/Lend pool, and proposes to authorise Drift Foundation to convert those assets into stablecoins to seed the recovery pool at launch. Affected users will receive recovery tokens representing their verified loss, which can be claimed against the recovery pool as it grows.

@tracybbd @cindyleowtt Sorry that's absolute horrible response and completely careless. You guys have been extremely soft on updates and road map to recovery. The token is tanking and if you guys think this is how u win back investors with the odd tweet you are extremely wrong. Do better

@Senecal19 @cindyleowtt We’re working through audit process now, and we don’t want to give a date until the relevant parties can confidently stand behind it. Relaunch remains a top priority, and we’ll share a confirmed timeline as soon as we’re able to.

@Gmestopsol And owes 60 billion . Ya not really a great move

Can you imagine the hysteria the day it is announced that $GME has officially acquired $Ebay ? The sequel is near... "Let them short" - Ryan Cohen

@CoinMarketCap Its a long weekend. Of course it did. What a retarded post

LATEST: 📊 CryptoQuant says Bitcoin has hit resistance at the 200-day MA in a pattern mirroring March 2022, when a 43% rally ended at the same level before price resumed its downward trend.

@Achilliswarrior @ttv4ty_z @DriftProtocol That's like saying I need to apologize if I get robbed. Lol. Im sorry that happened to Drift. Now grow up

@Senecal19 @ttv4ty_z @DriftProtocol Still they need to apologize

Update: Insurance Fund depositors will be able to withdraw their Insurance Fund stake when the protocol goes live. Drift’s documentation and code demonstrates that the Insurance Fund exists to maintain protocol solvency in the event of bankruptcies. Given that the protocol was paused before losses resolved through the ordinary liquidation or bankruptcy paths, the Insurance Fund was and remains unaffected by the exploit. Users will be able to withdraw their Insurance Fund stake when the protocol goes live. Any protocol-owned Insurance Fund assets will be allocated to support a healthy relaunch for all users. Relevant program addresses will be publicly disclosed so the community can track how protocol-owned capital is deployed.

@crypto_banter @cz_binance @binance Hyperliqued is better

🇦🇪@cz_binance made a point worth sitting with. @binance is the biggest exchange in the world. It's not based in the US. It's not Chinese. And it got kicked out of China. The UAE saw an industry leader with nowhere to call home. And they opened the door. FULL interview here: youtube.com/watch?v=2X5P6j… @cryptomanran | @binance | @consensus2026

There were massive international protests over George Floyd and those police involved were severely punished with long prison sentences, yet the police responsible here did not even lose their jobs! An incredibly unjust double-standard!

@DriftProtocol You need to execute and open. Like asap.

@ttv4ty_z @DriftProtocol How tf is getting hacked a scam. They worked with the fbi . Grow up

@DriftProtocol Are you scammers not going to apologize until the very end?

@JodyChaseTN Erika defenders sound so low iq its insane, how anyone can be so stupid. Its also time to take Kirk out of her name.

Candace Owens mispronounces one word on her podcast and they launch a full FBI-level investigation 😂 But when people point out contradictions in Erika Kirk’s book story it suddenly becomes: “Who cares?” 😭 The Erika Kirk cult picks and chooses outrage better than anybody.

@MrsErikaKirk You know who killed Charlie. Biggest cover up of our generation

Democrats claim to champion women’s rights, yet they allow men to infiltrate women’s spaces under the guise of identity politics. Then they gaslight anyone who questions it and smear women as “transphobic” for defending basic reality. The hypocrisy is astounding. God created men and women intentionally and in His image, each with a unique design and purpose. A society that can no longer recognize or honor that truth is not just losing fairness in sports, it is losing its understanding of God’s creation and, with it, its humanity.

@cindyleowtt @DriftProtocol @tether Will this be another week of zero execution? Im about ready to unload a couple million tokens. Its getting pathetic with a couple micro announcements

Today marks a new chapter for @DriftProtocol x @tether, built on resilience and trust. We will be coming back stronger than ever, and giving our 110% every time.