Gate News reports that on March 26, according to ZachXBT's disclosure, Circle froze USDC balances in 16 business-related hot wallets on March 25. Relevant entities stated that this action is related to a U.S. civil case with details not yet made public. ZachXBT stated that upon reviewing on-chain data, these addresses are involved in exchanges, entertainment venues, and foreign exchange businesses, with no apparent connections between them. This freeze has impacted the operations of the related businesses.
Gate News report: On March 25, Resolv Foundation announced that due to a recent security incident involving Resolv Labs' stablecoin USR, both the protocol and applications have been suspended. Season 4 airdrop claim functionality is temporarily unavailable, and staking and unstaking functions for RESOLV tokens are also temporarily unavailable. Once the protocol recovery plan is finalized and the application can be safely used again, the relevant functions will be restored.
A certain CEX reported that traders are holding large open positions on Polymarket, predicting that BP's FDV after TGE will exceed $200 million, driving up BP's price. The CEX investigated and confirmed these traders are unrelated to it, taking a zero-tolerance stance on insider trading.
Circle recently froze USDC balances in 16 hot wallets belonging to multiple companies, an action related to a U.S. civil lawsuit. The affected wallets were used for large-scale user transactions, and the freezing action raised questions about Circle's review process and has impacted business operations.
