Circle freezes $12.6M of USDC linked to privacy protocol Zama
The $12.6 million in USDC was likely frozen in connection with an ongoing but unrelated civil court case, according to onchain sleuth ZachXBT.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The $12.6 million in USDC was likely frozen in connection with an ongoing but unrelated civil court case, according to onchain sleuth ZachXBT.
Why this matters
USD Coin is showing up inside the Stablecoins theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on CointelegraphRelated market context
Circle wants SEC to erase a costly Wall Street rule holding stablecoins back
Circle’s SEC letter seeks separate permissions for offerings, brokerage capital and customer reserves, showing where issuer regula...
Circle and ACI Bring USDC Settlement Into Latin American Payment Operations
TL;DR: ACI Worldwide and Circle announced a collaboration on October 27 to demonstrate how USDC settlement can fit into payment sy...
Suspected Binance hacker wallet holds $47.3 million in UNI as top altcoin positions surface
The suspected hacker's large altcoin holdings could destabilize markets, especially if linked to Binance, affecting investor confi...
Tether Freezes 971 Million USDT in Wallet Linked to Suspected Binance Drain
Binance says it is investigating a potential security issue but has not confirmed any impact to user funds.... Read the full story...
Bitwise Sees Bitcoin at $1.6 Million by 2036, but the Forecast Has Big Assumptions
TL;DR: Bitwise Asset Management has raised its long-range Bitcoin price projection to $1.6 million by 2036 in its 2027 capital-mar...
Tether freezes $971M USDT linked to suspected Binance hack
The freeze highlights vulnerabilities in crypto exchanges, prompting scrutiny on security measures and the stability of digital as...