Phantom Technologies

Phantom wallet has launched two new perpetual futures markets: Japan 225 (JP225) and Korea 200 (KR200), allowing traders to go long or short with up to 20x leverage. The expansion adds traditional index exposure to Phantom's derivatives offering.

Zcash$355.81 has surged 55% over the past week and is now trading with a 15.2% price spread across major exchanges, with ZEC ranging from $320.40 to $369.15. The divergence suggests potential arbitrage opportunities and highlights liquidity fragmentation as the privacy coin attracts renewed attention amid broader market momentum.

Phantom wallet has launched four new perpetual futures markets, allowing users to trade Costco, DraftKings, Hims, and Eli Lilly with up to 20x leverage. The expansion adds traditional stock perps to Phantom's trading offerings.

On April 1, reports from Lookonchain indicate the Drift Protocol exploiter swapped $270M+ worth of stolen assets into USDC$1.0004, bridged to Ethereum$1,687.05, and bought ETH. The attacker reportedly purchased 19,913 ETH for about $42.6M, then increased to 38,820 ETH for about $82.66M as activity continued. Drift Protocol says it is investigating unusual activity and asks users not to deposit while holders migrate positions; Phantom has issued an access warning for users.

Phantom wallet has issued a security warning for Drift Protocol$0.042 users, adding a risk acknowledgment requirement to access the platform. The wallet's security team is investigating reports related to Drift but has not disclosed specific details. Users can still access their funds after confirming they understand the potential risks.