The company Circle found itself at the center of a class action lawsuit after the Drift Protocol hack for $280 million. The plaintiff is project investor Joshua McCollum, who filed the claim on behalf of more than 100 victims. The lawsuit was filed in federal court in Massachusetts. It alleges that Circle took no action…
Combo of the Day in Pixeltap by Pixelverse for April 17 Before the weekend, good mood is overshadowed by the poor state of the Pixeltap combo for today, April 17. Daily Combo Pixel Tap The problem is that the Daily Combo Pixeltap by Pixelverse for April 17 is somehow frozen. The true reason is unknown…
The US House of Representatives rejected a resolution limiting Donald Trump’s military powers regarding Iran. The decision was made by a narrow margin of one vote and leaves the White House with freedom of action amid the ongoing conflict. At the same time, Trump announced a 10-day ceasefire between Israel and Lebanon. Markets received a…
Bitcoin briefly rose above $78,000 after statements by Donald Trump regarding the reopening of the Strait of Hormuz. The move was met with upside momentum, but market participants also emphasized caution amid an uncertain geopolitical backdrop. By morning, the price of BTC reached $78,100, a level not seen for almost two and a half months…
Donald Trump stated that the agreement between the US and Iran ‘looks very good,’ and new negotiations could take place as soon as this weekend. The markets reacted immediately: oil went down, American indexes held at record levels, and bitcoin maintained its upward momentum amid a decrease in the geopolitical premium in commodities. The key…
Tether is launching a recovery program for Drift Protocol. This involves compensating losses after the $280 million hack in early April. The total fund volume will be $150 million. The main part, $127.5 million, will be provided by Tether, while the rest will come from partners whose names are not disclosed. Recovery Will Be Tied…
The crypto exchange Grinex, which is under sanctions, halted trading after an attack that resulted in the theft of more than 1 billion rubles, or about $13.7 million. The company stated that foreign intelligence agencies may be behind the hack. The exchange is registered in Kyrgyzstan, but it is linked to the Russian crypto ecosystem…
The hack that earlier this week led to the creation of 1 billion wrapped Polkadot (DOT) tokens turned out to be much more serious than initially reported. This was stated by the Hyperbridge team. Initially, the damage was estimated at about $237,000, but it has now emerged that the real losses are closer to $2.5…
Futures for the U.S. markets moved up on Friday morning after Iran announced the full opening of the Strait of Hormuz amid a ceasefire between Israel and Lebanon. Futures for the Dow rose by 524 points or 1.1%. S&P 500 added 0.8%, Nasdaq 100 rose by 0.9%. Oil, meanwhile, dropped sharply. U.S. oil futures fell…
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