Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
2026-04-13
11:16

Circle CEO: Due to the “moral dilemma,” the Drift hacker incident, which was not frozen, resulted in the theft of USDC

Circle CEO Jeremy Allaire addressed criticism at a news conference regarding the previously unfrozen stolen USDC, emphasizing that the company will only freeze wallets under law enforcement instructions. In addition, he said Circle is in communication with U.S. lawmakers, hoping to establish a “safe harbor” mechanism for stablecoin issuers.
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DRIFT1,81%
USDC0,04%