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Drift Exchange Rebrands to Velocity Following $300 Million Hack

2 Jul 2026· CLOM Newsroom· CLOM· 1 min readPROJECT

Drift exchange has officially rebranded to Velocity after losing nearly $300 million to North Korean hackers in April.

The new platform will introduce a completely new architecture and is set to launch a private beta for select partners and traders in the coming days.

Reporting aggregated and summarized by CLOM — research & education, not financial advice.

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