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BitcoinWorldMonero Price Prediction 2026-2030: Can Privacy Coins Spark the Next Explosive Bull Run? As regulatory landscapes shift and digital privacy concerns intensify globally, Monero (XMR) stands 

Monero Price Prediction 2026-2030: Can Privacy Coins Spark the Next Explosive Bull Run?

Vote to help HTX win & share 300 USDT!

On April 17, Tempo, a Layer 1 blockchain developed jointly by Stripe and Paradigm, launched a privacy feature called Zones. This solution is designed for permissioned parallel blockchain operations, s

Tempo Launches Privacy Solution Zones for Permissioned Parallel Blockchain Operations

edgeX: Sub-10ms Global DeFi Layer

On April 17, Israeli Prime Minister Netanyahu stated in a video announcement on the evening of April 16 that he has agreed to a 10-day temporary ceasefire in Lebanon to promote the peace agreement ini

Israeli Prime Minister States Peace Agreement Must Include Disarmament of Hezbollah

WL: Ethereum L2/Sidechain

ZIL bears just got caught sleeping at the wheel! 😴 Just watched a clean sweep of the shorts as the price pushed through. 🚀 $ZIL {future}(ZILUSDT) 🟢 LIQUIDITY ZONE HIT 🟢 Short liquidation spotted 🧨 $1.

$W hat catches my eye more is the volume. 1.60M USDT isn’t dead, but it’s not screaming conviction either. It feels like participation is there, just not aggressive. Almost like people are watching, w

Pixels: Farming Metaverse on Ronin

On April 17, Bloomberg reported that SpaceX is expected to publicly submit its IPO application in late May and price the IPO during the week of June 15. If the company achieves its financing goal of a

Bloomberg: SpaceX IPO Pricing Expected During Week of June 15, Accelerates Employee Stock Vesting Da

World, a cryptocurrency project founded by OpenAI CEO Sam Altman, announced a significant reduction to the Worldcoin (WLD) daily token unlock rate starting July 24. The change affects community, team,

Worldcoin Slashes Token Unlocks by Nearly Half, Will It Impact Price?

A lot of chains are trying to capture the RWA narrative. But not all environments are equally suited for it. If you think about what RWA actually needs, it’s not just tokenization. It’s usability. Low

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

WAR: Geopolitical Meme Coin on Solana

At some point, a network stops being a tool and starts becoming an environment. The difference is subtle. A tool is something you use for a specific purpose. An environment is something you operate wi

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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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