Gibbs Mura law firm launches class action against Circle over the Drift Protocol hack, alleging the stablecoin issuer failed to freeze $230M in stolen USDC transferred via CCTP for over six hours, applying a double standard.
North Korea's Lazarus Group stole $577 million from Drift Protocol and KelpDAO in April 2026, representing 76% of all crypto theft year-to-date, using social engineering and bridge vulnerabilities.
Circle has launched CCTP on Stellar, enabling native USDC transfers between Stellar and 23 supported blockchains without wrapped tokens or custodial bridges.
Hexens said a type confusion flaw in the Aptos Move VM reached nearly a 90% success rate in simulated attacks. The firm warned the broader systemic exposure could reach $70 billion, while Aptos said it patched the issue within 48 hours and no users or funds were affected.
Drift Protocol lost $286M in a hack; investors sue Circle for not freezing USDC despite capability. Circle CEO says court order needed; Drift switches to USDT.
MetaMask’s 2026 profile shows a broader multichain wallet with native Bitcoin and Solana support, while its self-custodial hot wallet model keeps security and phishing risks front and center.
Cardano has connected to Circle xReserve, bringing USDCx to mainnet with USDC backing, non-custodial issuance, and crosschain transfers. Early integrations from Minswap, Liqwid, and SundaeSwap were followed by a rise in Cardano DeFi metrics.
Circle announced a crosschain roadmap featuring CCTP Fast Transfer for near-instant USDC settlement, Gateway unifying liquidity across 12 chains in under 500ms, support for assets like EURC, USYC, and cirBTC, plus orchestration tools to streamline multi-step transactions.
