Circle freezes $63M in USDC after Multichain attack
Circle, the issuer of the popular stablecoin USDC, has taken swift action in response to a recent security breach on the Multichain protocol. Following the breach, which resulted in the mysterious transfer of $126 million worth of cryptocurrency assets from Multichain’s bridge deployments on Fantom and Dogechain to third-party wallets, Circle has blacklisted three wallet…