
DeFi or Not? The $285M Drift Hack & Franklin Templeton’s Big Crypto Push | Jito Labs & 250 Digital
About this episode
Another major hack hit crypto this week, with early analysis pointing to possible involvement from North Korea. Drift Protocol’s $285 million exploit is raising fresh questions about how “decentralized” some DeFi platforms really are and why parts of the Senate’s pending market structure bill aim to address exactly that. We break it all down, plus the latest centralized versus decentralized tensions playing out around Wall Street’s favorite blockchain, Canton Network, with Jito Labs’ Rebecca Rettig. And in TradFi’s continued push into crypto, Franklin Templeton makes another big move, launching Franklin Crypto, a new institutional grade digital asset platform. We speak with Chris Perkins, CEO of 250 Digital, who is helping lead the charge.
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