Circle Internet Group faces a class action lawsuit after attackers exploited the Drift Protocol, stealing about $280 million. The lawsuit alleges Circle allowed $230 million in USDC to be transferred from Solana to Ethereum without freezing the funds, despite having the technical ability to intervene. The case raises questions about crypto firms' responsibility in controlling digital assets and the legal risks of freezing wallets without court orders. The attackers reportedly used Circle's technology in over 100 transactions, possibly linked to North Korean hackers. Circle defends its stance, citing ethical and political complexities in freezing funds arbitrarily.
The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...
Bitcoin fell back to $64,000 after reaching a monthly peak of $65,500 due to profit-taking and geopolitical tensions from Iranian strikes on U.S. bases. Most altcoins also declined as bearish sentiment dominated the market, with XRP futures showing i...
Bitcoin price briefly rose to nearly $65,470 following softer US inflation reports, raising hopes the Federal Reserve might pause rate hikes. However, profit-taking by long-term holders and whales around the $65,000 resistance led to a pullback towar...
Orvana Minerals reported Q3 FY2026 production of 10,833 gold equivalent ounces, mainly from its Spain operation due to delays in Bolivia caused by logistics issues. The company has completed preparations to begin oxide ore processing at its Don Mario...
Nevada King Gold Corp. received approval from the Bureau of Land Management for its fifth and largest modification to its drilling plan at the Atlanta Gold Mine project in Nevada. This permits 78 additional reverse circulation and 404 rotary air blas...
