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Circle has unfrozen two hot wallets linked to 500 Casino and a crypto whale after a compliance freeze blocked user withdrawals at a centralized exchange. The lack of transparency regarding the initial freeze raises concerns about centralized control over assets.
Key Takeaways:
Resolv burned and put about 46 million USR (57%) of illegal supply to its blacklist
There is no hacker-related wallet which can transfer or swap USR
One of the measures is to upgrade contracts with coordination efforts to restrict impacts of the exploitation
After the recent
The crypto space is once again debating control and transparency after blockchain investigator ZachXBT revealed a fresh update involving Circle. The company has now unfrozen two USDC wallets tied to 500 Casino and a user known as “Whale.” Together, the wallets held more than $330,000. This move
_Moonwell faces $1M risk after attacker buys cheap tokens and submits malicious vote proposal to gain control of DeFi lending protocol contracts._
A decentralized finance platform called Moonwell is facing a serious security threat after a very cheap attack. The incident was a surprise to the