‘Bad actor’ Circle slammed for letting stolen $3M USDC sit unfrozen
Of a total of $17 million stolen from victim addresses, $3 million in USDC is yet to be frozen by issuer Circle.
Of a total of $17 million stolen from victim addresses, $3 million in USDC is yet to be frozen by issuer Circle.
Any US bank or fintech company that receives USDC instead of dollars will need to file timestamped records of every transaction.
Cryptocurrency firms have been rushing to IPO, but only some have been able to increase their value since listing publicly.
Tether’s USDT and Circle’s USDC have both grown under Trump, but USDC has seen a larger relative increase in its market capitalization.
Circle’s Arc wouldn’t support reversible transactions directly, but disputes would resolve on another layer “akin to credit card refunds.”