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Court Lifts $12.5M Freeze, Clearing Path for Zama's Confidential USDC Launch

Court Lifts $12.5M Freeze, Clearing Path for Zama's Confidential USDC Launch

A U.S. court lifted a temporary freeze on about $12.5 million in USDC held inside Zama's cUSDC smart contract. The freeze followed litigation involving Overnight Finance stakeholders, even though Zama was not a party and the pool included uninvolved users.

Crypto-economy | 1 week ago
Coinbase Integrates With Checkout.com to Bring USDC and USDT Payments to Global Brands

Coinbase Integrates With Checkout.com to Bring USDC and USDT Payments to Global Brands

Coinbase and Checkout.com announced a partnership to integrate stablecoin payments across the payment processor's network of more than 1,000 enterprise clients. Starting June 2, 2026, eligible merchants will be able to receive payments in USDC or USDT directly through Checkout.com's platform, with no separate integration required. Settlement for merchants will continue to be processed in dollars through the processor's traditional channels.

Crypto-economy | 1 week ago
Court Order Forces Circle to Freeze $12.6 Million in Zama's Confidential USDC Contract, Locking Unrelated Users' Funds

Court Order Forces Circle to Freeze $12.6 Million in Zama's Confidential USDC Contract, Locking Unrelated Users' Funds

A federal court order in the Overnight Finance suit forced Circle to blacklist Zama's cUSDC contract, freezing $12.6M and locking unrelated users' deposits due to the wrapper's pooled architecture.

Unchainedcrypto | 1 week ago
Circle Targets Post-Quantum Security In Bold USDC Roadmap

Circle Targets Post-Quantum Security In Bold USDC Roadmap

Users who fail to migrate their accounts before quantum computers become a practical threat would not automatically lose their assets under Circle's new plan — the company is proposing recovery frameworks tied to cryptographic proofs, seed phrase verification, exchange records, and even court orders if necessary. Related Reading: Banks Vs.

Bitcoinist | 2 weeks ago
‘Caught in a crossfire' – Why Circle froze Zama's $12.6M confidential USDC contract

‘Caught in a crossfire' – Why Circle froze Zama's $12.6M confidential USDC contract

Did the Overnight Finance hack investigation unfairly target Zama?

Ambcrypto | 2 weeks ago
Cash App Opens USDC to 59 Million Users

Cash App Opens USDC to 59 Million Users

Cash App rolls out fee-free, wallet-free USDC transfers to 59M users, spanning multiple chains and offering a one-tap path into Bitcoin.

Aped | 2 weeks ago
Court Order Forces Circle to Freeze $12.6M USDC Linked to Zama Privacy Protocol

Court Order Forces Circle to Freeze $12.6M USDC Linked to Zama Privacy Protocol

In the early hours of Saturday morning, Circle implemented a freeze on $12.6 million worth of USDC following a federal court directive to blacklist a smart contract operated by Zama, a privacy-focused protocol.

Blockonomi | 2 weeks ago
Zama Users Lose Access to $12.6M USDC After Circle Executes Court-Ordered Blacklist

Zama Users Lose Access to $12.6M USDC After Circle Executes Court-Ordered Blacklist

Circle blacklisted a publicly labeled Ethereum smart contract tied to Zama's privacy protocol on Saturday, freezing approximately $12.6 million in USDC following a U.S. federal court order connected to a civil lawsuit against Overnight Finance founder Maxim Ermilov. Circle's Zama Blacklist Freezes $12.

News | 2 weeks ago
Circle freezes Zama's USDC contract, locking $12.6M amid rug pull allegations

Circle freezes Zama's USDC contract, locking $12.6M amid rug pull allegations

The incident highlights the inherent risks of relying on centralized entities in DeFi, impacting user trust and market stability. Circle freezes Zama's USDC contract, locking $12.6M amid rug pull allegations.

Cryptobriefing | 2 weeks ago
Circle launches Arc blockchain to power the agentic economy with programmable real-time rails

Circle launches Arc blockchain to power the agentic economy with programmable real-time rails

Arc's development could revolutionize financial systems by enabling AI-driven microtransactions, potentially reshaping global economic interactions. Circle launches Arc blockchain to power the agentic economy with programmable real-time rails.

Cryptobriefing | 2 weeks ago
Circle explores Arc's post-quantum security roadmap for USDC

Circle explores Arc's post-quantum security roadmap for USDC

Circle's Arc blockchain aims to future-proof USDC against quantum threats, potentially setting a new standard for secure digital finance. Circle explores Arc's post-quantum security roadmap for USDC.

Cryptobriefing | 2 weeks ago
Trezor Adds Native USDC and USDT Yield for 2 Million Hardware Wallet Users

Trezor Adds Native USDC and USDT Yield for 2 Million Hardware Wallet Users

The hardware wallet provider Trezor has implemented native yield features for the stablecoins USDC and USDT within its Trezor Suite application. The new technical functionality is executed through an integration with the decentralized lending protocol Morpho on the Ethereum network.

Crypto-economy | 2 weeks ago
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