Circle has been hit with a class-action lawsuit in Massachusetts alleging it failed to freeze nearly $230 million in USDC linked to the April 1 Drift Protocol breach, in which about $280 million was stolen. The complaint claims the funds were transferred across chains for hours without being frozen, even though Circle reportedly had the authority and tools to stop the movement, fueling debate over stablecoin issuers’ duties during major DeFi attacks.
USDe backing is entering a potentially important transition as equity perpetuals emerge as a much…
Market Analysis by Linkmate (formerly Linkomo), an AI software company focused on fintech, banking, and…
Monero has extended its August rally with another decisive move higher. XMR price rose 5%…
Circle Internet Group Inc. (NYSE: CRCL) stock has entered a critical phase after falling nearly…
Michael Saylor’s Strategy (MSTR) stock is making a strong comeback, jumping nearly 40% in one…
Bitcoin is trading at $79,619.04, Ethereum at $2,504.89 and XRP at $1.42 as markets await…
