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BREAKING: Circle Hit With Class Action Lawsuit
Circle is being sued after failing to freeze $230M in stolen $USDC during the Drift Protocol hack.
Here's what you need to know:
→ Hackers drained ~$285M from Drift on April 1
→ $230M+ USDC was bridged from Solana to Ethereum using Circle's own infrastructure, over 100 transactions in just 6 hours
→ Circle did nothing to stop it
→ Just 9 days earlier, Circle froze 16 wallets in a separate case, proving they had the ability
Charges: Negligence & aiding conversion
Filed on behalf of: 100+ investors
Drift is now dropping $USDC entirely and switching
DRIFT-6.06%
SOL0.22%
ETH3.08%
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🐋 WHALE WATCH: $760 MILLION bet on an oil crash. 20 MINUTES later Iran reopens the Strait of Hormuz.
The most profitable 20 minute wait in the world. Oil prices are in freefall, and the smart money just caught the entire move.
Insane.
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⚠️ Bitcoin falls below $77k! Short-term volatility begins to amplify
Latest market data shows that **Bitcoin (BTC) has dropped below $77,000, currently trading around $76,950. Although it remains in an upward trend, the 24-hour gain has narrowed to 2.66%, and short-term market volatility has clearly increased.
In a strong trend, breaking through key whole-number levels often triggers emotional swings among short-term traders, with bulls and bears re-engaging in a tug-of-war. This is a common phase in trending markets.
📊 From a trading logic perspective, such fluctuations usually indicate:
Sho
BTC2.83%
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Oscillating shakeout, just a prelude before dawn
Pullback to gather strength, only to launch a more fierce counterattack. #btc
BTC2.83%
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Endure all pullbacks, withstand all washouts, the time has come, go all out, there is only one goal: completely turn the account around!#btc
BTC2.83%
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PeopleOnTheCoinPath:
Hold firmly HODL💎
#ASTEROID:被马斯克点名,太空题材的下一个传奇故事! If $ASTEROID is the pioneer of space storytelling, then $CLUTCH on the BSC chain is a top-tier powerhouse holding the "World Cup Official Mascot (American Eagle)" IP. #CLUTCH is poised and ready, and the "big move" of the World Cup concept is about to explode!
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$FHE woke up and chose violence 💀
clean reclaim → straight expansion
77% move printed like it’s nothingthis is why we trust support, not emotions
you in or still waiting for “perfect entry”? 🤣
FHE27%
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🔹 Ahead of the opening of the Taiwan Strait, a massive short order of $760 million appeared in the oil market.
gate liveLIVE
1,318
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Last night, you saw all my successful and unsuccessful trade closures yourself. I worked with small steps.
Until the price reached the block and reacted from it.
Locally, the price is at the lower boundary of the small ascending channel.
You see my unsuccessful trade, which I caught almost at the highs.
An example of what not to do: after completing a few successful trades, do not trade on your phone without a full chart picture.
My thoughts are: if Bitcoin and the market are given another boost over the weekend, rather than a speculative dump on Sunday night, then the price of Doge
DOGE1.01%
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Tech layoffs are again in focus as major companies continue restructuring around AI-driven strategies.
Reports highlight that Meta is cutting around 8,000 roles as part of its ongoing efficiency push linked to AI expansion. This reflects a broader trend across the tech industry where automation and artificial intelligence are reshaping workforce needs.
At the same time, prediction markets like Polymarket are showing rising expectations of further job cuts in the tech sector. However, these platforms reflect market sentiment rather than official employment data.
The key takeaway is clear: AI is
BTC2.83%
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#GatePreIPOsLaunchesWithSpaceX
In a landmark move for the crypto industry, Gate.io has officially launched its "Gate Pre-IPOs" platform, democratizing access to pre-IPO investments. The first project to debut on this innovative platform is SpaceX (ticker: SPCX) , the most anticipated initial public offering in financial history. This development allows everyday retail investors to gain exposure to world-changing private companies like SpaceX using stablecoins such as USDT and GUSD.
For decades, early-stage investments in groundbreaking companies were reserved for venture capitalists and accre
GUSD0.04%
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MarketAdvicer:
Ape In 🚀
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#Gate13thAnniversaryLive
$RAVE ‌100X done.💰🔥🚀🐳
We're finally back.
I officially declare Altseason.
Get ready for massive printing.
Your $100 in your wallet now is $5k
Your $1000 in your wallet now is $50k
Your $5000 in your wallet now is $100k
Your $10k now in your wallet is $1 million.
It's time for hyper printing.🔥💰🚀
Let the party begin.
RAVE43.4%
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The harshest father of the short sellers, $RAVE.
From 0.35 to 28.3, 80 times in 8 days!
$RAVE How much money did you lose on this meat grinder?
In just the past 24 hours, the total liquidation amount reached nearly $20 million, and the total trading volume across the entire network in 24 hours broke $2.5 billion.
This is probably the craziest pump-and-dump altcoin in history, with a market cap exceeding $7 billion.
Looking at the candlestick charts and on-chain data, the whales have no intention of selling, it still feels like they want to push it higher.
In the past few days, I’v
RAVE43.4%
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WhereThereIsADream,:
Whether going long or short, double-edged trading back and forth, I’m afraid to play anymore, ruthless meat grinder
Spot market is the same, it drops when you buy, and surges immediately after selling
Still playing mainstream coins, can't touch altcoins 😭
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Keep taking it or stop, 😄 $ETH
ETH3.08%
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MonkeyBrotherGuoyiAnalyzesThe:
Open 1% position
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only a man who knows what it is like to be defeated can reach down to the bottom of his soul and come up with the extra ounce of power it takes to win when the match is even
- muhammad ali
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$mmt shared in vip
Almost 17% gain 🔥🔥
Alhamdulillah
Every day we making profit 🙏
MMT-0.7%
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$SKYAI bullish breakout with strong momentum
I’m seeing aggressive buying because $SKYAI pushed out of range fast
Buyers holding higher levels
Entry Point 0.175 to 0.185
Target Point 0.21 then 0.25
Stop Loss 0.155
I’m expecting continuation if momentum stays
Trend turning strong
This is possible because breakout plus volume drives upside
Let’s go and Trade now $SKYAI
SKYAI22.38%
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GateUser-e4fb1fbe:
The combination of price and volume looks very satisfying; around 0.18 is indeed a comfortable range.
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I tried two Ant Wallet testnets before bed, and I woke up to everyone being confused🤣🤣🤣
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If Iran goes to war tomorrow, would you dare to go all-in on BTC?
Brothers, Bitcoin is at 77,000.
From 70,000 to 77,000, some people have stayed long enough to go gray, and some have had their positions wiped out.
On-chain indicators have been going crazy with green lights these days: the RHODL ratio tells us clearly—
Weak hands are cutting losses, and strong hands are stepping in to take the bid.
Short-term speculators are like cats with their tails stepped on, screaming as they toss coins to those silent “whales.”
We’ve seen this script after 2020 312, and we’ve also seen it in October 2023.
BTC2.83%
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🔹 BTC breaks away from the four-year cycle narrative is a new market structure forming?
gate liveLIVE
1,053
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