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Critics say Circle was unable to stop the Drift hack transfer

Critics say Circle was unable to stop the Drift hack transfer

Circle, the stablecoin issuer, is facing criticism for not acting quickly enough to freeze funds that were stolen during a hack involving the Drift exchange. According to a report by CoinDesk, the attack allowed perpetrators to transfer around $232 million in USDC from Solana to Ethereum by exploiting Circle’s cross-chain transfer protocol. Blockchain researcher Zack […]

Circle faces criticism following $285 million Drift hack

Circle and Coinbase drop as regulators seek to prohibit interest on stablecoins

Following the $285 million Drift hack, attention has turned to Circle (CRCL) and whether more proactive measures could have been taken to prevent the theft of funds. The attackers managed to steal around $71 million in USDC on Wednesday, as reported by blockchain security firm PeckShield. After converting much of the remaining stolen resources to […]

U.N. Despairs at Declining Influence, Blames Drift from Globalist Central Governance

The United Nations peacekeeping chief lamented on Wednesday that the world’s most powerful countries have severely undermined the UN’s ability to help resolve conflicts. Unelected French career officials blamed global political divisions and countries’ insistence on marginalizing the UN in general, and the Security Council in particular, for their lack of influence. In an interview […]

Struggling to fall asleep? Try this simple trick to drift off quickly

For those who are worried get enough sleepABC could be the key to getting more Zzzs. A sleep shortcut that’s trending on TikTok uses the alphabet to help people fall asleep. Sleep experts shared their thoughts on unconventional ways to get a restful night. Having trouble sleeping? It could be due to this surprising reason, […]