ZachXBT once again criticized Circle for inaction during the Drift hacking incident, which allowed stolen funds to flow out of Solana via CCTP

By: rootdata|2026/04/02 02:50:00

Renowned on-chain detective ZachXBT has once again criticized Circle, stating that the Drift hacking incident occurred during U.S. trading hours, with millions of USDC transferred from Solana to Ethereum via CCTP (Circle's cross-chain protocol), while Circle remained inactive and took no action.

A few days ago, Circle casually froze at least 16 corporate hot wallets, which are still slowly being unfrozen. ZachXBT concluded, "Circle is the bad actor in this industry."

Peeling back its smooth trading interface to examine the underlying legal relationships and settlement processes, you will find that this is far from a simple "RWA asset revolution," but rather a complex game of interests involving spot pricing, rights ownership, and the monopoly of underlying custo...

In such a crowded cross-border payment arena, where is the next stop for the future?

Only by stepping into the mud can one have the chance to touch gold.

Why Is Bitcoin Down in 2026? What We Can Learn From 2022

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From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework

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Overview of Important Market Events on June 25

Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet

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Who is footing the bill for the $64 billion accounting frenzy?

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I never expected that the first application of AI x Crypto would be in security auditing

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What is your view on Binance's competitive advantages?

When the dividends of rule arbitrage gradually approach zero, can we produce product strength, governance capability, and trust that are commensurate with its scale?

ETH has entered a non-consensus phase, and the turning point is approaching!

This has nothing to do with the Ethereum Foundation or Ethlabs; Ethereum needs to win by solving real problems.

The shift in the cloud of the air: from despising stablecoins a year ago to the high-profile entry of capital today

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Raising interest rates to protect STRC and selling coins to maintain credit, this time the strategy has chosen the two most expensive paths

The rebound in BTC prices can make all problems simple.

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Overview of Important Market Events on June 29

In the era of AI, what is left of Bitcoin?

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NeoSoul announced plans to integrate with the OKX Agentic Wallet, promoting AI agents' participation in the on-chain economy

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