VelocityDEX Relaunches After Security Audit; Co-founder Cindy Leow Steps Down
Solana-based perpetual exchange Velocity (formerly Drift) has officially relaunched following a full open-source release and security audits by OtterSec and Asymmetric Research. Co-founder Cindy Leow announced her departure as the platform enters its next phase. The exchange previously suffered a $295 million exploit attributed to North Korean hackers on April 1, 2026.
Summaries are written by AI from the original article. Not investment advice.