#overnight finance

Circle froze a Zama-linked cUSDC contract after an Overnight Finance hacker wallet deposited over $12.5M USDC. A Circle compliance freeze has affected a Zama-linked confidential USDC wrapper contract after funds tied to the Overnight Finance hack entered the contract. The freeze trapped user funds because more than 99% of the cUSDC contract balance came from […] The post Circle Freeze Hits Zama-Linked cUSDC Contract, Trapping User Funds appeared first on Live Bitcoin News.

Circle blacklisted a publicly labeled Ethereum smart contract tied to Zama’s privacy protocol on Saturday, freezing approximately $12.6 million in USDC following a U.S. federal court order connected to a civil lawsuit against Overnight Finance founder Maxim Ermilov. Circle’s Zama Blacklist Freezes $12.6M, Raising Questions About USDC Use in DeFi Contracts The frozen address, 0xe978F22157048E5DB8E5d07971376e86671672B2, […]