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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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🚨 XRP Shows Strong Price Stability XRP is currently showing strong signs of stability as it holds above key support levels. While many altcoins are experiencing volatility, XRP has managed to maintain

🚨 XRP Shows Strong Price Stability

XRP is currently showing strong signs of stability as it holds above key support levels. While many altcoins are experiencing volatility, XRP has managed to maintain a relatively steady price structure. This kind of behavior often indicates accumulation, where investors quietly build positions before a potential move.

Market sentiment around XRP is gradually improving as traders look for assets with lower volatility and strong upside potential. Stability is often the first step before momentum builds, making XRP an important coin to watch in the current market.
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Another factor supporting XRP is its consistent trading volume. Unlike sudden spikes seen in meme coins, XRP’s volume is steady, which suggests controlled and sustained interest rather than short-term hype.

If buying pressure increases, XRP could move toward higher resistance levels. However, failure to maintain support may lead to temporary consolidation.

📈 Holding strong
📊 Accumulation phase



🚨 XRP Shows Strong Price Stability XRP is curren

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Claim1,200 USDT in the Monthly Creation ChallengeHTX Community Spring Creation ContestVote to help HTX win & share 300 USDT!price is once again on the upward trajectory with a mix of retail and instit

Claim1,200 USDT in the Monthly Creation Challenge

price is once again on the upward trajectory with a mix of retail and institutional interest.
XRP ETFs saw renewed inflows, with $17.11 million added on April 15 and cumulative inflows crossing $1.25 billion.
Ripple crypto adoption is expanding, with Solana hinting at XRP integration and Rakuten enabling XRP payments.
Ripple’s native cryptocurrency XRP is outperforming the rest of the altcoin space, gaining 4% in the last 24 hours.

Investors are closely watching the XRP price trajectory following the bounce from $1.32 levels over the past week.

On the other hand, inflows into spot XRP ETFs have been gathering pace. This showed that institutional demand is rising.

XRP Price Rallies As Whale Wallets Hit 1.1 Million
Ripple’s native cryptocurrency, XRP, is once again on investors’ radar amid strong whale activity. Santiment reported that XRP wallets holding between 1,000 and 100,000 tokens hit a record high. The number of such 

XRP price is once again on the upward trajectory w

Nano (XNO) is trading between $0.45–$0.47 with a 24-hour price change of +1% to +4%, and a market cap of ~$60M. Trading volume ranges from $500K to $1.6M, showing moderate activity. Recent mentions on

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A marketing firm co-founded by former White House crypto adviser Bo Hines received $3 million from a

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XRP’s longest slump in a decade collides with Ripple’s $13 trillion institutional push PublishedApr. 2, 2026at 8:35 pm GMT• Claim1,200 USDT in the Monthly Creation ChallengeHTX Community Spring Creati

XRP’s longest slump in a decade collides with Ripple’s $13 trillion institutional push

PublishedApr. 2, 2026at 8:35 pm GMT•




its longest losing streak since 2014, a slide that has left one of the market’s oldest large-cap tokens searching for a fresh catalyst even as Ripple accelerates its push into corporate treasury, institutional trading, and cross-border payments.

Why this matters: Ripple is moving XRP closer to real financial workflows rather than speculative use. If treasury systems, trading desks, and payment networks begin integrating the asset at scale, it could change how demand forms. For now, the market is treating that transition as unproven.

According to Cryptorank data, the token has fallen for six straight months since October 2025, losing an average of about 10% each month and shedding more than 55% over that period, trading at $1.33 as of press time.

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto pundit SMQKE has raised speculations that SWIFT may be integrating XRP for payments. He allud

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On April 17, 2026, a noticeable trend of project contraction and shutdown emerged in the crypto industry, with multiple infrastructure, public chain, and application layer projects announcing the cess

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