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Circle faces scrutiny as delayed USDC freezes linked to up to $420M in exploitable losses
ZachXBT criticized Circle for being too slow in intercepting USDC from the Drift Protocol hack. The exploiter even used the ...
As per ZachXBT, Circle Protocol [CRCL] failed to freeze $230 million USDC from the exploit. The amount was bridged from ...
ZachXBT report shows Circle failed to freeze $420M in stolen USDC, raising concerns over delayed response during major crypto ...
Circle, the issuer of USD Crypto Coin (USDC), has reversed the blacklisting of one wallet among sixteen addresses it froze late Monday, March 23, following sharp public criticism from on-chain ...
ZachXBT says Circle had six hours to freeze $230M in stolen USDC during the Drift Protocol exploit but took no action, ...
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