Deep Tide TechFlow News, May 30,



According to on-chain investigator ZachXBT, approximately 7 hours ago, Circle is suspected to have blacklisted the confidential USDC (cUSDC) contract address of the privacy protocol Zama on the Ethereum network.

As a result, about $12.6 million worth of funds within this contract have been frozen, and the related assets are temporarily unable to be transferred or used normally.

As of now, Circle and Zama officials have not released detailed statements regarding this matter. The market is paying attention to the specific reason for the freeze and whether it will affect the unfreezing and use of related user funds in the future.
ETH0.05%
ZAMA-9.23%
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