All-chain stablecoin protocol USDT0 responded rapidly after the Solana Drift security incident, pausing its cross-chain communication network within 90 minutes. Tether’s CEO praised its team’s handling, while Z achXBT criticized Circle for not freezing USDC transfers.

Gate News message: On April 2, DeBox has been officially incorporated into the Circle Alliance Program, enabling integration of stablecoin payments for more than 20 million users. DeBox will deeply integrate Circle’s stablecoin infrastructure (such as USDC) into its native app.

ZachXBT criticized Circle for not taking action in the Drift hacking incident, with millions of USDC moved from Solana to Ethereum. Circle has frozen part of its hot wallets, but progress has been slow to resume. He says Circle is a bad actor in the industry.

Cosmos ecosystem project Neutron announced on April 1 the launch of the NTRN redemption mechanism. Holders can burn NTRN to receive USDC. The deposit period runs from April 1 to April 30, and redemption requests will open on May 1 and close on June 30. The foundation’s NTRN will not participate in the redemption and will be burned.

Gate News message. On April 1, according to monitoring by Onchain Lens, a newly created wallet address "0x9d3" deposited 19.6 million USDC into HyperLiquid to go long CL (WTI crude oil futures, valued at $25.67 million) and BRENTOIL (Brent crude oil futures, valued at $15.6 million). It is currently down more than $2.3 million.

Gate News message, Vitalik Buterin has sold gifted meme tokens for 14.5 ETH (valued at $30,000). Additionally, he transferred 70,000 USDC and 44 ETH ($92,000) to Railgun for private fund movement.

Gate News message, two newly created wallets deposited 6.8 million USDC into Hyperliquid and opened 20x leveraged short positions on 17,032 ETH, totaling $35.65 million. The liquidation prices for these positions are $2,466.13 and $2,319.12.

Gate News message, a newly created wallet has deposited $1.9 million USDC into HyperLiquid and opened an ETH short position with 20x leverage. The position involves 7,144.78 ETH valued at $15 million, with an entry price of $2,098.47 and a liquidation price of $2,319.12.

Gate News message, on March 31, Whale Alert monitoring shows that USDC Treasury minted an additional 250 million USDC tokens on the Solana chain.

Gate News message, a whale has sold 110,498 HYPE tokens for $4.06 million USDC at a price of $36.74 per token after holding for 1.2 years, realizing a profit of $1.608 million. The whale initially purchased 107,746 HYPE for $2.45 million and kept the tokens for staking purposes during the holding pe