Dodgers drift into the All-Star break

Dodgers drift into the All-Star break

Dodgers Stumble into All-Star Break with Loss to Diamondbacks Wake up, everyone. The Dodgers entered the All-Star break on a low note, losing 5-3 to the Arizona Diamondbacks in their final game before a four-day break. This defeat capped off a disappointing series against a rival team that hasn’t exactly been stellar this season. The […]

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 […]