Background

You Won’t Believe What Happened This Weekend: Circle Finally Catches Up to Everyone Else, Ethereum Researcher Abandons Ship for Greener Pastures

A comic illustration of a sinking ship with people jumping off, while in the background Circle's USD Coin (USDC) is shown being blacklisted by other stablecoin issuers like Tether and Paxos.

This is a weekend wrap-up that’s as dull as Circle blacklisting Lazarus Group addresses, over four months after other stablecoin issuers did it already. Meanwhile, Ethereum researcher Danny Ryan exits with no qualms about the project he spent seven years on – maybe because proof-of-stake didn’t bring in more of those sweet cryptocurrency riches we all know and love.

Source: cointelegraph

Circle has become the latest stablecoin issuer to blacklist addresses tied to North Korea’s notorious Lazarus Group, blockchain data shows. More than $1.5 million worth of Circle’s USD Coin (USDC) were blacklisted on Sept. 14 from the wallet addresses “0x36f…22A70” and “0x12E…44DB6.” However, blockchain sleuth ZachXBT criticized Circle in a Sept. 14 X post, noting it came more than four months after competitor firms Tether, Paxos, and Techteryx took similar […]

Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

We are the internet’s finest destination for poking fun at the wild world of cryptocurrency! We transform the bewildering jargon and frantic hype of the crypto market into a comedy spectacle that’s almost as volatile as crypto itself.

© 2024 Cryptobro Magazine