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  •  TA_Analyst Trader C
     261.69K  @
    ZachXBT OnChain_Analyst Security_Expert C
     983.47K  @zachxbt

    Circle was asleep while many millions of USDC was swapped via CCTP from Solana to Ethereum for hours from the 9 figure Drift hack during US hours. Value was moved and nothing was done yet again. Comes days after you froze 16+ business hot wallets incompetently which is still being slowly unfrozen. @circle @jerallaire @usdc are bad actors for the industry.

     620  50  23.18K
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    Trend von USDC nach Veröffentlichung
     Extrem bärisch
    Circle is accused of doing nothing regarding USDC, SOL, and ETH transfers during the Drift hack, while mistakenly freezing other wallets.
  • PANews 疯狂实习生(被Ai骑在头上版) Media Influencer B
     12.08K  @PANewsLab
    ZachXBT OnChain_Analyst Security_Expert C
     983.47K  @zachxbt

    Circle was asleep while many millions of USDC was swapped via CCTP from Solana to Ethereum for hours from the 9 figure Drift hack during US hours. Value was moved and nothing was done yet again. Comes days after you froze 16+ business hot wallets incompetently which is still being slowly unfrozen. @circle @jerallaire @usdc are bad actors for the industry.

     738  57  28.64K
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     Extrem bärisch
    Circle is accused of failing to stop the Drift hacker from moving large amounts of USDC and arbitrarily freezing user wallets.
  • SolanaFloor Media Educator C
     128.91K  @SolanaFloor

    🚨JUST IN: Onchain investigator @zachxbt lashes out at @circle, saying it was "sleeping" as millions in $USDC were bridged from Solana to Ethereum via CCTP for hours during the $285M+ Drift exploit without intervention. https://t.co/b0T81nNHsv

     52  10  1.83K
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    ZachXBT harshly criticizes Circle for failing to prevent the transfer of millions of USDC during the Drift exploit.
  • ZachXBT OnChain_Analyst Security_Expert C
     983.47K  @zachxbt
    ZachXBT OnChain_Analyst Security_Expert C
     983.47K  @zachxbt

    Circle was asleep while many millions of USDC was swapped via CCTP from Solana to Ethereum for hours from the 9 figure Drift hack during US hours. Value was moved and nothing was done yet again. Comes days after you froze 16+ business hot wallets incompetently which is still being slowly unfrozen. @circle @jerallaire @usdc are bad actors for the industry.

     738  57  28.64K
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    Trend von USDC nach Veröffentlichung
     Extrem bärisch
    ZachXBT criticizes Circle for negligence in the hack incident, failing to stop USDC transfers and mistakenly freezing wallets.
  • Zach Humphries TA_Analyst Trader B
     136.78K  @ZachHumphries

    Stablecoins are officially the breakout star of this cycle. Total transaction volume hit over $30 trillion last year which is massive compared to traditional rails. People are finally using $USDC and $USDT for actual commerce and not just leverage. Visa reporting billions in stablecoin settlement is a huge signal that the "digital dollar" is the new standard. Are you still sleeping on the payment narrative?

     8  1  363
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     Extrem bullisch
    Stablecoin transaction volume is huge and they are widely used for commercial payments, becoming the new standard for payments, while fiat purchasing power declines due to inflation.
  • Dovey "Rug the fiat" Wan (hiring) Founder Influencer C
     140.33K  @DoveyWan

    Drift hacker is kyc'ed on Backpack and depositing USDC/USDT which can be blacklisted + highly law enforcement aligned .. feel very amateur for this level of hack https://t.co/PGimrd53dk

    aryan | 🐂 D
     9.25K  @_0xaryan

    so, drift protocol vault was drained and I found some interesting things onchain: drainer [ HkG...ZES ] was funded 8 days ago via near intents, but was inactive and suddenly received huge amounts from drift vault (a) drainer transferred/swapped the amount to launderer [ 8ub...Gxw and few more ] , all of which were funded just yesterday via @Backpack [ becomes interesting, as backpack must have kyc'd this ] (b) then launderer transferred funds to an eth address via @wormhole which was funded via tornado cash (c)

     27  8  9.20K
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     Bärisch
    Drift protocol funds were stolen, and the hacker transferred USDC/USDT and other assets via a KYC-verified account; the fund flow has been tracked, and the method is amateurish.
  • Pi News D
     1.13M  @PiNewsMedia

    📊LATEST: Standard Chartered reports that stablecoin velocity has roughly doubled in two years, driven by increased USDC activity on Solana and Base. https://t.co/Nk4vdGWM5y

     5  1  548
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     Bullisch
    Standard Chartered reports that stablecoin velocity has doubled, with increased USDC activity on Solana and Base.
  • 吴说区块链 Media Educator D
     174.80K  @wublockchain12

    Wu said that, according to MLM monitoring, the address related to Drift Protocol HkGz4Kmo...pZES showed abnormal fund movements involving a total asset amount of approximately $270.6 million, about 50% of its TVL; mainly including about $155.6 million JLP, $60.4 million USDC, $11.3 million cbBTC, $5.65 million USDT and $5.3 million USDS, etc. Previously, Helius CEO mert said the situation had not been fully confirmed, but on‑chain signs indicate Drift may have been exploited; to date, Drift officials have not released any statement. https://t.co/JmVSfppQCm

     3  1  3.32K
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    Drift has an abnormal outflow of about $270.6 million, recommend pausing deposits.
  • The Data Nerd OnChain_Analyst Trader D
     71.99K  @OnchainDataNerd

    #Drift_Protocol has been exploited. Over $350M assets has been transferred to wallet HkGz4. Most of assets were swapped into $USDC and $ETH. Address: https://t.co/D65CsMNTyv https://t.co/vZxxtj5jZZ

     2  0  816
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     Extrem bärisch
    Drift Protocol was exploited, over $350 million of assets stolen, mainly involving USDC and ETH.
  • Tony Edward (Thinking Crypto Podcast) Media Influencer B
     141.92K  @thinkingcrypto
    Tony Edward (Thinking Crypto Podcast) Media Influencer B
     141.92K  @thinkingcrypto

    This Global Insurance Broker is using Stablecoins & Blockchain! WATCH ▶️ https://t.co/hes7eh6Bxl Glenn Morgan, Head of Digital Assets at Aon, joined me to discuss the company’s completion of the first stablecoin insurance premium payment and its digital asset strategy. Topics: - Aon tests stablecoin payments with Coinbase and Paxos - Utilizing USDC and PYUSD for payments - Genius Act and Stablecoin market - Insurance for Crypto assets and services #stablecoin #crypto #aon

     8  4  3.27K
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     Bullisch
    Global insurance broker Aon uses USDC and PYUSD to complete the first stablecoin premium payment.