Bitcoin could be cracked in nine minutes. That's the warning Google put out recently, and it's part of what's pushing companies like Circle to act now rather than wait.
Arc introduces opt-in post-quantum signatures at launch, focusing on long-term blockchain security readiness
Circle's Layer-1 blockchain Arc will launch at mainnet with an opt-in post-quantum signature scheme protecting users' wallets from day one, as the USDC issuer warns that Q-Day could arrive by 2030 or sooner.
Circle's Quantum-Resistant Roadmap for Layer-1 Arc Explained
Circle just dropped plans for quantum-resistant security on its Arc Network. The move comes as experts warn quantum computers could crack current blockchain encryption within years, not decades.
Circle's biggest selling point may be becoming its biggest liability. On-chain investigator ZachXBT's “Circle Files” allege that the USDC issuer has inconsistently applied its freeze powers.
Onchain investigator ZachXBT published a detailed thread this week, accusing Circle, the issuer of USDC, of compliance failures tied to more than $420 million in illicit stablecoin flows the firm allegedly failed to freeze across 15 documented cases since 2022.
Circle, the issuer of USDC, is facing criticism after blockchain investigator ZachXBT shared a detailed thread called “Welcome to Circle Files.” Over the past three years, Circle's handling of USDC has reportedly resulted in losses totaling over $420 million, involving multiple high-profile hacks and thefts.
ZachXBT says Circle failed to freeze $420M in illicit USDC since 2022, citing 15 hack and fraud cases and delayed action.
ZachXBT alleges Circle failed to promptly freeze $420M in suspect USDC transfers, raising fresh concerns about compliance, enforcement, and trust.
On-chain investigator ZachXBT has published a new report, titled “The Circle USDC Files,” alleging more than $420 million in compliance failures tied to the company's USDC stablecoin since 2022.
On-chain investigator ZachXBT has published a detailed investigation alleging delays or failures in USDC stablecoin issuer Circle to freeze theft proceeds worth over $420 million since 2022. Dubbed the “Circle $USDC files,” the X thread highlights 15 cases in which the company took little to no action regarding illicit funds.