Circle Wrapped Bitcoin is coming.
Backed 1:1 by BTC and readily verifiable onchain, cirBTC is being built to work seamlessly with Circle infrastructure and the broader DeFi ecosystem.
Learn more: circle.com/cirbtc
“Being built to work seamlessly with Circle infrastructure and the broader DeFi ecosystem”
Is it not a bit tone def to say you work with the ecosystem after failing to freeze $230M USDC after a large Solana DeFi protocol was hacked for $280M yesterday?
ZachXBT
@zachxbt
Update: $230M+ USDC bridged via CCTP from Solana to Ethereum across 100+ txns.
6 hours is how long Circle had to freeze stolen funds from the $280M+ Drift hack.
Circle is a centralized stablecoin issuer headquartered in New York and the attack began around 12 pm ET.
Why does
Sector:
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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