Circle Freezes 16 USDC Wallets, Disrupting Multiple Businesses

Crypto firms faced sudden disruption after Circle froze 16 USDC hot wallets, impacting routine operations. On-chain investigator ZachXBT reported that these wallets handled thousands of transactions. Companies affected say the freeze is connected to an ongoing U.S. civil case, though further details have not been released. Hot Wallet Freeze Raises Operational Concerns A hot wallet […] Read The Full Article Circle Freezes 16 USDC Wallets, Disrupting Multiple Businesses On Coin Edition.