The post Circle Faces Scrutiny: The Controversial USDC Decisions Following Crypto Heist appeared on BitcoinEthereumNews.com. The recent $285 million cyberattackThe post Circle Faces Scrutiny: The Controversial USDC Decisions Following Crypto Heist appeared on BitcoinEthereumNews.com. The recent $285 million cyberattack

Circle Faces Scrutiny: The Controversial USDC Decisions Following Crypto Heist

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The recent $285 million cyberattack on the Drift protocol has cast a spotlight on Circle, the company behind the USDC stablecoin, as the crypto community debates its actions during the crisis. The heist resulted in the theft of around $71 million in USDC by attackers who promptly laundered the amount through the cross-chain transfer protocol, […]

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Source: https://en.bitcoinhaber.net/circle-faces-scrutiny-the-controversial-usdc-decisions-following-crypto-heist

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