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Multichain Breach Forces Circle to Freeze $63 Million in USDC

USD Coin (USDC) issuer Circle has frozen $63 million belonging to three wallet addresses associated with the hack of the cross-chain bridge platform Multichain. In a Friday tweet, security firm PeckShield revealed that C...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Multichain Breach Forces Circle to Freeze $63 Million in USDC
USD Coin (USDC) issuer Circle has frozen $63 million belonging to three wallet addresses associated with the hack of the cross-chain bridge platform Multichain.
In a Friday tweet, security firm PeckShield revealed that Circle has frozen $27.65 million, $30.1 million, and $5.5 million in three wallet addresses that received a significant outflow of funds from Multichain after the security breach....
Read More: Multichain Breach Forces Circle to Freeze $63 Million in USDC

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