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Tether, Inc. announced the launch of its native multi-asset wallet. Tether.wallet will carry multi-chain USDT, as well as BTC and tokenized gold. Tether announced the launch of its native Tether.walle

Tether launches self-custodial wallet to expand global USDT usage across multiple blockchains

WL: Ethereum L2/Sidechain

Bitcoin Up 2 Weeks: Beginning or End?HTX Community Spring Creation ContestVote to help HTX win & share 300 USDT!Stablecoin issuer Circle faces lawsuit over $230M Drift Protocol hack Circle Internet Gr

Stablecoin issuer Circle faces lawsuit over $230M Drift Protocol hack


Circle Internet Group is facing a class action lawsuit led by a Drift Protocol investor claiming it failed to freeze funds stolen in a $280 million exploit of the protocol on April 1.

The lawsuit was filed by Drift investor Joshua McCollum on behalf of over 100 members in a US district court in Massachusetts on Wednesday, which accused Circle of allowing the attackers to transfer about $230 million worth of $USDC ($USDC) from Solana to Ethereum via Circle’s Cross-Chain Transfer Protocol (CCTP) over several hours without intervention.

“Circle permitted this criminal use of its technology and services,” attorneys representing McCollum wrote, adding: “These losses would not have occurred, or would have been substantially reduced, had Circle taken timely action.”

The suit accuses Circle of aiding and abetting conversion as well as negligence. Mira Gibb, the law firm representing McCollum and other Drift investors, is seeking damages, with the final amount to be determined at trial.

The case touches on a legal grey area around crypto companies that retain control over user funds. While such companies may have the technical ability to intervene or freeze assets, they often cite regulatory constraints or the lack of immediate legal authority as reasons for inaction — leaving accountability unclear as exploits unfold in real-time.

Source: James Seyffart

McCollum’s lawyers pointed out that Circle froze 16 $USDC wallets in connection with a sealed US civil case about a week before the Drift incident to argue that Circle had the technical capacity to do the same.

Cointelegraph reached out to Circle for comment, but didn’t receive an immediate response.

Crypto analytics firm Elliptic suspected the exploit was committed by North Korean state-backed hackers, who made over 100 transacti

Stablecoin issuer Circle faces lawsuit over $230M

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Nano ($XNO {spot}(XNOUSDT) ) – The Feeless Hero Testing Major Resistance ⚡ **The Mindset: Your investment identity defines your success. Are you a "Hodler" of utility or a gambler on hype? The Insight

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Looking back, I can see how much my approach has improved. I went from feeling confused and uncertain to being more confident and structured in my decisions. This didn’t happen overnight—it came from 

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recent price movements in the cryptocurrency market, particularly with BRISE (Bitgert), can be analyzed against the backdrop of significant international news. On April 17, U.S. President Trump announ

especially if traders believe a stabilization in the region could bolster the demand for digital currencies. Speculative Trading: Given the volatility seen in recent trading, there may be opportunitie

$WIN in the crypto and blockchain market represents a momentum-driven narrative where short-term sentiment and trading activity can create rapid price movement. Assets in this category often attract a

I think at the end of this year BTC will break it's last peak point so small alt coins may be good for investment at this time.

btc will break it's peak point

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edge soared to 1.2742 USDT, a new high with a 24-hour increase of 13.45%. It currently trades at 1.1689 USDT on HTX.

edge currently trades at 1.1689 USDT, up 13.45% in 24h, according to HTX market data.

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