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Tag: Circle

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Circle Justifies USDC Freeze Authority Amid $270M Drift Hack Legal And Regulatory Backlash
In view of rising criticism after Drift Protocol’s $270 million exploit, Circle Internet Financial has released a detailed policy statement.
The statement came in response to questions and criticism about the company’s ability to freeze $USDC that was based on… Read full article
1d ago
Nulltx.com
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Public Backlash Prompts Circle Response To $270M Drift Protocol Theft: Details
Circle (CRCL) has responded publicly to mounting criticism tied to the exploit of Solana’s Drift Protocol, an attack that reports say siphoned roughly $270–$285 million from the decentralized venue. 
Amid backlash circulating on social media, critics allege that the USDC… Read full article
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Circle defends USDC freeze policy after Drift exploit, calls for faster legal frameworks
Circle has defended its USDC freeze policy, arguing that legal constraints — not inaction — limit how quickly it can respond. Read full article
2d ago
AMBCrypto
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