Freezes

Circle freezes 57M USDC linked to LIBRA memecoin scandal

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insider trading behind LIBRA coin’s $1.16b rise and fall

Nearly $58 million in USDC has been frozen in connection with the LIBRA memecoin scandal, deepening the legal and political fallout from one of this year’s biggest crypto scandals. On May 29, blockchain analytics firm Arkham reported that Circle, the issuer of USD Coin (USDC), froze two Solana (SOL) wallets tied to the LIBRA deployer … Read more

Crypto Chaos as Amazon Web Services Outage Freezes Binance, KuCoin Withdrawals

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Talk about a rough wake-up call for crypto traders. In the early hours of April 15, Amazon Web Services (AWS) suffered a network hiccup at one of its Tokyo data centers, and the ripple effect was instant. The AWS crypto outage raised questions about the reliability centralized exchanges, but first let’s start with actually happened. … Read more