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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

WAR: Geopolitical Meme Coin on Solana

it is essential to analyze how this environment correlates with DOGE's recent trading data. According to recent candlestick data, DOGE experienced: Open Price: 0.097554 Close Price: 0.097589 High Pric

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Bitcoin Up 2 Weeks: Beginning or End? Blockchain Forum 2026, MoscowSolana Approaches $200 Resistance as Network Activity Surges Solana (SOL) is gaining strong attention today as it moves closer to the

Solana Approaches $200 Resistance as Network Activity Surges
Solana (SOL) is gaining strong attention today as it moves closer to the $200 resistance level, supported by increasing network activity and rising interest in its ecosystem. The growth in DeFi, NFTs, and meme coin trading on the Solana blockchain is driving higher demand for SOL, making it one of the top-performing altcoins in the current market.
At the same time, Solana’s fast and low-cost transactions continue to attract developers and users, strengthening its long-term outlook. However, as the price approaches the $200 level, short-term traders are taking profits, which is creating resistance and slowing down the upward move.
📊 Current Market Situation:
Solana is currently trading around $180 – $195, which is a key resistance zone. The price is consolidating just below breakout level, indicating that a big move could be near.
📈 Price Prediction (Short-Term):
If SOL breaks and holds above $200, next targets:
➡️ $220
➡️ $250
If rejection happens:
➡️ Support levels: $165 – $170
📌 Final Insight:
Solana structure is bullish, supported by strong fundamentals and growing adoption. A breakout above resistance could trigger a sharp rally.

Solana Approaches $200 Resistance as Network Activ

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On April 17, Charles Schwab is focusing on prediction markets, but its President and CEO Rick Wurster believes there is a significant difference between betting on Taylor Swift's love life and betting

Charles Schwab CEO: Considering Entry into Prediction Markets

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On April 17, Mizuho Securities economists stated that due to high uncertainty surrounding geopolitical risks, the Bank of Japan is unlikely to raise interest rates at its April meeting. The BOJ will m

Mizuho: BOJ Unlikely to Raise Rates in April Amid High Market Uncertainty

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INJ’s $4 liquidity zone comes into focusHTX Community Spring Creation ContestMarket Rally! Claim Your AirdropVote to help HTX win & share 300 USDT! With momentum building, the next area of interest si

INJ’s $4 liquidity zone comes into focus



With momentum building, the next area of interest sits around $4.0. This level represents a clear liquidity zone and a psychological threshold. Markets tend to react strongly around such levels, either accelerating through them or pausing.

For now, the path toward $4.0 looks open, but the real test will come as the price approaches,


Moreover, INJ is benefiting from both structural and narrative shifts. Regulated futures access, reduced supply and rising open interest are aligning at the same time.

The trend is turning bullish, but the next move depends on how the price reacts near $4.0. A clean break could extend the rally. A pause would not be unusual.



INJ’s $4 liquidity zone comes into focus With mom

Bitcoin Up 2 Weeks: Beginning or End?HTX Community Spring Creation ContestVote to help HTX win & share 300 USDT!Three reasons why XRP price could bounce back to $1.60 $XRP price rose 6% to a three-wee

Three reasons why XRP price could bounce back to $1.60



$XRP price rose 6% to a three-week high of $1.42 on Thursday, becoming the strongest gainer among the top 10 cryptocurrencies by market cap.

According to data from crypto.news, $XRP ($XRP) price rallied to $1.42 on Thursday, April 16, with its market cap moving back above $87 billion and reclaiming the spot of being the 4th largest crypto asset in the market. The token still lies nearly 23% lower than where it began this year.

While hopes of de-escalation in the U.S. and Iran war have lifted the market sentiment, triggering a bounce across most crypto assets, $XRP price could specifically benefit from three catalysts over the coming sessions.

First, the most significant hurdle for $XRP has been regulatory ambiguity over its security status, a long-standing challenge that the CLARITY Act could solve. As such, the U.S. Senate Banking Committee is scheduled to mark up the bill for later this month.

The bill is important as if it clears this committee, it would formally codify $XRP as a digital commodity, moving it from permitted existence to protected legality. This would effectively remove the remaining litigation discount and provide a clear legal green light for major institutions to deploy capital.

Second, $XRP price stands to benefit from renewed institutional demand for the token while retail investors remain cautious.

Data from SoSoValue show that spot $XRP ETFs have recorded their fourth consecutive day of inflows for the first time since March, drawing in a combined $38.86 million within the period. This brings the combined assets under management for U.S. spot $XRP ETFs to over $1.25 billion.

Such steady accumulation from smart money often precedes a sharp move upwards when it absorbs the remaining supply of tokens held in exchanges, currently at multi-year lows.

Third, the toke

Three reasons why XRP price could bounce back to $

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Asian currencies traded in a narrow range on Friday as investors remained cautious ahead of further U.S.-Iran peace negotiations, while the Japanese yen slipped after the Bank of Japan's governor sign

Asian Currencies Hold Steady Amid Iran Peace Talks and BOJ Rate Hike Uncertainty - EconoTimes

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🚨Flash News:🚨 Coinbase CEO warns of rising threat from China, citing restrictive crypto rules in the US. China aims to challenge the US dollar with its digital yuan. Hong Kong positioning itself as a new crypto hub. 🇨🇳💰

🚨Flash News:🚨 Coinbase CEO warns of rising threat from China, citing restrictive crypto rules in the US. China aims to challenge the US dollar with its digital yuan. Hong Kong positioning itself as a new crypto hub. 🇨🇳💰<img src="https://d1x7dwosqaosdj.cloudfront.net/images/2023-05-31/695e612cc43f0ac84213e804f99d24dc.jpg" alt="20230527_195447.jpg" style="width:100%; height:auto; margin-top: 10px; margin-bottom: 10px"><br><br>

🚨Flash News:🚨 Coinbase CEO warns of

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🚨Flash News:🚨 Coinbase CEO warns of

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