Wu Shuo learned that, according to on-chain detective ZachXBT disclosure, about 7 hours ago, Circle may have blacklisted the confidential USDC (cUSDC) contract address of the privacy protocol Zama on the Ethereum network.


This move has resulted in user funds worth $12.6 million within that contract being frozen.
ETH0.95%
ZAMA-0.95%
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OrangePeelRadio
· 4h ago
At the moment of freezing, decentralization became a satire
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MintAfterCoffee
· 4h ago
$12.6 million in tuition fees is too expensive.
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OpcodePoet
· 4h ago
The dark side of compliant stablecoins
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MintColdBrew
· 4h ago
The user's money is gone, and they didn't even say a word.
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Yield慢炖锅
· 4h ago
On-chain detective is more reliable than the official ones.
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RedTelephoneBoothRuins
· 4h ago
Whoever dares to use Circle's products in the future
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DancingOnTheEdgeOfLiquidation
· 4h ago
It is recommended to check whether Circle's own address has any issues.
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LimeMulti-Signature
· 4h ago
Can this Zama project still survive?
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ForkMoment
· 4h ago
The blacklist mechanism is like a ticking time bomb.
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YieldYardkeeper
· 4h ago
Circle is skilled at playing the blacklist game; 12.6 million can be frozen instantly.
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