Planet Noon News

SmartContractAuditor · 2026-04-02T05:34:53+00:00

ZachXBT criticizes Circle for inaction during the Drift hacking incident, leading to the outflow of stolen funds. Polymarket's daily trading fees exceed $1 million, and 11 DeFi protocols affected have suspended some functions. Genius Group liquidates Bitcoin to repay debts, and Coinbase's legal officer states that the stablecoin bill is close to reaching an agreement. Yinchuan Court mediates virtual currency investment disputes.

SmartContractAuditor

2026-04-02 05:34:53

Abstract generation in progress

ZachXBT again blasted Circle for its inaction in the Drift hacking incident, causing the stolen funds to leave Solana via CCTP as they used the route;
Polymarket’s single-day fee revenue exceeds $1 million;
Eleven DeFi protocols were affected by the Drift security incident, with some temporarily suspending core functions;
Cosine: Drift had migrated to a multisig a week earlier; the new multisig only requires a 2/5 signature threshold and has no time lock;
Funds from addresses linked to the Drift hacker came from Backpack, or else left KYC-related clues;
Genius Group liquidated its entire Bitcoin inventory to repay a $8.5 million debt;
Coinbase Chief Legal Officer: The “Clarity Act” is “very close” to reaching an agreement on stablecoin yield issues;
Yinchuan court mediation of a dispute over virtual-currency delegated investment: the defendant returned the principal investment;
The probability that Polymarket’s “SpaceX will IPO before June 15” rises to 52%, up 24% over 24 hours;
An account with more than $1.7 million in profits bought a total of $160,000 of NBA regular-season San Antonio Spurs to beat the Golden State Warriors.

DRIFT-40.31%

SOL-4.99%

BTC-2.95%

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