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Circle, Tether freezes over $65M in assets transferred from Multichain

Circle, Tether freezes over $65M in assets transferred from Multichain

Assets linked to the alleged exploitation of the cross-chain router system Multichain have been blocked for over $65 million by stablecoin issuers Circle and Tether. The action was taken in response to huge, unexplained outflows from the Multichain MPC bridge on July 6. Three addresses that received at least $63.2 million in USD Coin (USDC) […]