Circle defends its hands-off approach to freezing funds as critics point to hundreds of millions in losses tied to delayed action. www.coindesk.com
Freeze
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Scams
‘Operation Atlantic’: US and UK Team With Firms to Trace, Freeze Millions in Stolen Crypto
by shayaanby shayaanIn brief Crypto firms and government agencies teamed up in “Operation Atlantic,” designed to stop crypto fraud schemes and approval phishing campaigns. …
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Markets
Circle under fire after $285 million Drift hack over inaction to freeze stolen USDC
by shayaanby shayaanProminent blockchain sleuth ZachXBT alleged faster action by Circle could have limited crypto losses, but freezing asset without legal authorization carries legal …
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Smart Contracts
Treasury Urges Congress to Give Crypto Platforms Power to Freeze Suspicious Funds
by shayaanby shayaanIn short The Treasury Department has recommended a “hold law” that would allow platforms to pause suspicious crypto transfers during investigations. The …
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Markets
To freeze or not to freeze: Satoshi and the $440 billion in bitcoin threatened by quantum computing
by shayaanby shayaanAs quantum computing inches closer to reality, nearly 7 million bitcoin, including Satoshi Nakamoto’s 1 million coins, are potentially at risk. www.coindesk.com
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Adoption
Banks may lose up to $500B after Fidelity’s official token launches on Ethereum with freeze powers
by shayaanby shayaanFidelity announced the launch of a stablecoin on the Ethereum mainnet, positioning the token as a compliance-wrapped settlement dollar distributed through the …
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Mining
Bitcoin Mining Struggles in Texas Amid Rising Power Costs from Arctic Freeze
by shayaanby shayaanJanuary is considered the coldest month in the United States. In the first month of 2025, the country suffered an Arctic blast, …
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Regulation
Police Allowed To Freeze Bank Accounts As New ‘Last Resort’ Law Targets Scammers – Here’s Where It’s Happening
by shayaanby shayaanOne of the world’s largest financial hubs just passed a law giving police the authority to freeze citizens’ bank accounts. Lawmakers in …