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As we move through mid-April 2026, the decentralized finance (DeFi) sector is witnessing a subtle but persistent uptick in activity. With stablecoin transaction volumes hitting new all-time highs and 

Uniswap (UNI) And Curve (CRV): As DEX Volumes And Stablecoin Swaps Tick Higher, Do UNI And CRV St...

BASED: Hyperliquid’s On-Chain Super App

Japan's financial regulator is positioning private credit as a cornerstone of its emerging national financial strategy, responding to surging corporate funding demand driven by record-breaking merger 

Japan Eyes Private Credit as Key Pillar in New Financial Strategy - EconoTimes

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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TFUEL chatter is bullish but low-volume, with fans highlighting its role in Theta’s EdgeCloud/Web3 media. On Mar 24 and Mar 31, Theta shipped EdgeCloud AI agent updates and model runs on community nod

HTX DAO's First Hackathon Launches!

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 

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 consistent effort and learning. CAMILAHFX on T£L£GRA.M helped guide me through that transformation.

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edgeX: Sub-10ms Global DeFi Layer

On April 17, the Federal Reserve announced that as of the week ending April 15, the volume of U.S. commercial paper has increased. The seasonally adjusted commercial paper balance rose by $51.1 billio

Federal Reserve: Increase in U.S. Commercial Paper Volume

Vote to help HTX win & share 300 USDT!

On April 17, the White House disclosed the timeline of the ceasefire negotiations between Israel and Lebanon that progressed over the past two days. According to White House officials, the process beg

White House Reveals Process of Ceasefire Between Israel and Lebanon

$ZKP Breakout Confirmed – Initial Targets Hit! 📈 The consolidation phase we tracked has resolved to the upside. As expected, the tight range and lack of selling pressure led to a breakout, with the pr

WL: Ethereum L2/Sidechain

On April 17, Bloomberg reported that the American Securities Association (ASA) stated that Anthropic PBC's new artificial intelligence model, Mythos, could pose risks to traders and the broader financ

US Securities Industry Association Warns: Anthropic's AI Model Mythos Poses Risk to Financial System

USDE (USD Ethena) is currently the 4th leading stablecoin on Ethereum, following USDT, USDC, and USDS. A significant volume spike was observed with a 15-minute trading volume reaching 1.23M USDE at a 

The LBF price is $ 0.0007968 per (LBP / USD) with a current market cap of $ 933,802.94 USD. 24-hour trading volume is $ 1.26M USD. LBF is +38.48% in the last 24 hours. It has a circulating supply of 1.17B USD

The LBF price is $ 0.0007968 per (LBP / USD)&nbsp;<br>with a current market cap of $ 933,802.94 USD. 24-hour trading volume is $ 1.26M USD.&nbsp;&nbsp;<br>LBF is +38.48% in the last 24 hours. It has a circulating supply of 1.17B USD<img src="https://content-all-s3.hbfile.net/images/2023-01-10/9bba32f51bf4ba130f1c259738f8a712.png" alt="share_1673329091511.png" style="width:100%; height:auto; margin-top: 10px; margin-bottom: 10px"><br><br>

Daily List of Fastest-Growing Cryptos

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Bitunix Analyst: Energy Supply Risks Shift to Manageable but Not Resolved, Delayed Responses in Policy and Corporate Behavior, Market Enters Asymmetric Pricing Phase

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edge currently trades at 1.212 USDT, up 20.10% in 24h, according to HTX market data.

JPMorgan: Negotiations on the CLARITY Act Enter Final Stage, Disputes Reduced to 2-3 Core Issues

Anthropic Plans to Provide Access to 'Mythos' for UK Banks Next Week

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.

CertiK: Rhea Finance Attacked, Losses Estimated at Approximately $7.6 Million

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