Users who fail to migrate their accounts before quantum computers become a practical threat would not automatically lose their assets under Circle’s new plan — the company is proposing recovery frameworks tied to cryptographic proofs, seed phrase verification, exchange records, and even court orders if necessary. Related Reading: Banks Vs. Crypto Law: JPMorgan CEO Doubles […]
The post Circle Targets Post-Quantum Security In Bold USDC Roadmap appeared on BitcoinEthereumNews.com.
Circle Targets Post-Quantum Security In Bold USDC Roadmap
Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Christian, a journalist and editor with leadership roles in Philippine and Canadian media, is fueled by his love for writing and cryptocurrency. Off-screen, he’s a cook and cinephile who’s constantly intrigued by the size of the universe. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/circle-targets-post-quantum-security-in-bold-usdc-roadmap/
The post Circle Freezes $12.6M USDC in Zama Protocol, Sparks Criticism appeared on BitcoinEthereumNews.com.
Terrill Dicki
May 30, 2026 18:52
Circle’s $12.6M USDC freeze in Zama’s protocol raises concerns over unilateral actions and selective enforcement in the stablecoin market.
Stablecoin issuer Circle has frozen $12.6 million in USD Coin (USDC) tied to Zama, a privacy-focused protocol, according to on-chain analyst ZachXBT. The freeze, which reportedly occurred without prior notice, has reignited criticism over Circle’s ability to unilaterally blacklist addresses and confiscate funds at the smart-contract level. According to ZachXBT, the affected funds were linked to Zama’s confidential USDC (cUSDC) smart contract. The smart contract was publicly labeled on blockchain explorers, and $12.4 million had been deposited into it by wallets associated with the DeFi protocol Overnight Finance earlier in May. Overnight Finance itself recently faced allegations of misappropri
The post Solana Records 97% Tokenized Equities Volume as SoFi, Cash App Join the Network appeared on BitcoinEthereumNews.com.
TLDR: Solana captured 97% of cumulative tokenized equities spot trading volume, setting a new market record this week. SoFi launched the first stablecoin from a U.S. nationally chartered bank, SoFiUSD, natively on Solana. Cash App rolled out USDC support on Solana, opening stablecoin access to millions of everyday retail users. Mayan bridged over one million external wallets and moved $2.5 billion in stablecoins across Solana this week. Solana recorded a busy week of launches, integrations, and milestones across payments, tokenized assets, and developer infrastructure. Major financial institutions and consumer apps moved onto the network. Stablecoin support expanded through platforms familiar to everyday users. Tokenized equities trading on Solana also reached a new record. The week’s activity covered traditional finance, decentralized lending, privacy tools, an
The post Circle Froze CUSDC Contract Due To A Single Wallet Issue, Zama Confirms appeared on BitcoinEthereumNews.com.
Circle Froze CUSDC Contract Due To A Single Wallet Issue, Zama Confirms Skip to content
Home Crypto News Circle Froze cUSDC Contract Due to a Single Wallet Issue, Zama Confirms
Source: https://bitcoinworld.co.in/circle-cusdc-contract-freeze-zama-wallet-issue/
The post Vietnam Eyes Crypto-Backed SME Loans as Circle Freezes $12.6M, Bitcoin ETFs Bleed $3B appeared on BitcoinEthereumNews.com.
Crypto News Vietnam’s Ministry of Finance has put forward a proposal that would let small and medium-sized enterprises pledge digital assets, virtual assets and intellectual property as collateral against bank loans. The measure forms part of a draft revised Law on Support for SMEs now open for public consultation, and would expand acceptable security to include future-formed assets, property rights and intangible holdings. SMEs account for more than 98% of all enterprises in the country, yet capture roughly 20% of total bank credit. Officials attribute the gap to a shortage of eligible collateral, a constraint this reform aims to dismantle for technology-driven firms holding patents, software and tokenised assets. Stablecoin issuer Circle has frozen roughly $12.6 million in USDC linked to the confidential USDC smart contract operated by privacy protocol Z
The post Circle Blacklists Zama Protocol Address, Freezing $12.6M In User Funds appeared on BitcoinEthereumNews.com.
Circle Blacklists Zama Protocol Address, Freezing $12.6M In User Funds – Details
Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Semilore Faleti works as a crypto-journalist at Bitconist, providing the latest updates on blockchain developments, crypto regulations, and the DeFi ecosystem. He is a strong crypto enthusiast passionate about covering the growing footprint of blockchain technology in the financial world. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/circle-blacklists-zama-paddress-freezing-12-6m/
Stablecoin issuer Circle has reportedly blacklisted a smart contract linked to privacy protocol Zama, freezing approximately $12.6 million in user funds. The development, first flagged by on-chain investigator ZachXBT, involves the protocol’s Confidential USDC (cUSDC) contract deployed on Ethereum seven hours before ban. The affected contract address had been publicly documented in Zama’s docs and visible […]
The post Cardano Takes The Lead As Stablecoin Market Valuation Rises 61% appeared on BitcoinEthereumNews.com.
Cardano’s total stablecoin market cap has climbed to roughly $54.88 million, a 15% jump from where it stood in early March 2026. That figure captures just how quickly liquidity has been building on the network over the past several weeks. USDCx Drives the Surge Circle’s USDCx now commands the largest share of Cardano’s stablecoin market at 45.20%, with USDM at 26.90%, USDA at 15.45%, and DJED at around 5.90%. Data from Cexplorer shows that nearly 8 million USDCx were minted within just the last two days of the reporting period. According to Messari data, Cardano recorded a 61% rise in stablecoin market cap over the past seven days — the highest among major blockchain networks tracked during that period. Polygon came in second at 36%, followed by World Chain at 10.3%, HyperEVM at 7.4%, and XDC Network at 3.5%. Net stablecoin flow for the current epoch on Cardano has reached appr