{"id":81479,"date":"2023-07-09T15:42:18","date_gmt":"2023-07-09T12:42:18","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=81479"},"modified":"2025-09-11T23:05:25","modified_gmt":"2025-09-11T20:05:25","slug":"circle-and-tether-freeze-assets-withdrawn-from-multichain-worth-65-million","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/circle-and-tether-freeze-assets-withdrawn-from-multichain-worth-65-million\/","title":{"rendered":"Circle and Tether Freeze Assets Withdrawn From Multichain Worth $65 Million"},"content":{"rendered":"

Circle has frozen 63.2 million USDC<\/a> across three addresses, withdrawn from the cross-chain protocol<\/a> Multichain. The information was reported by the 0xScope team.<\/p>\n

\\\"111-58\\\"
Data: Twitter<\/a>.<\/figcaption><\/figure>\n
\\\"Snimok-ekrana-2023-07-09-v-15.19.43\\\"
Data: Twitter<\/a>.<\/figcaption><\/figure>\n

The issuer of the stablecoin USDT<\/a>, Tether, froze more than 2.5 million USDT across two addresses on the Ethereum network, according to the Fantom<\/a> Foundation.<\/p>\n

\\\"Snimok-ekrana-2023-07-09-v-15.19.43\\\"
Data: Twitter<\/a>.<\/figcaption><\/figure>\n

On July 6, Multichain suspended operations<\/a> amid a suspected exploit. According to PeckShield<\/a>, tokens were withdrawn from the protocol for about $126 million.<\/p>\n

In May, Multichain experienced technical issues<\/a> during a network upgrade. The team faced difficulties in addressing them due to loss of contact with the project’s CEO<\/a> Zhao Jun.<\/p>\n

Binance, the cryptocurrency exchange, suspended support for Multichain-related tokens due to the May incident.<\/p>\n","protected":false},"excerpt":{"rendered":"

Circle froze 63.2 million USDC across three addresses withdrawn from the cross-chain protocol Multichain.<\/p>\n","protected":false},"author":1,"featured_media":81480,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1220,2277,1245],"class_list":["post-81479","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-circle","tag-multichain","tag-tether-usdt"],"aioseo_notices":[],"amp_enabled":true,"views":"27","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/81479","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=81479"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/81479\/revisions"}],"predecessor-version":[{"id":81481,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/81479\/revisions\/81481"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/81480"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=81479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=81479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=81479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}