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About Zama
What is ZAMA?
Zama is an open-source cryptography company focused on Fully Homomorphic Encryption (FHE). This technology enables computation on data while it remains encrypted, allowing only authorized users to view transaction data and contract states, fundamentally addressing data privacy challenges.
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Circle is said to have blacklisted the Zama cUSDC contract, freezing approximately $12.6 million in funds
"On-chain detective" ZachXBT posted that the stablecoin issuer Circle blacklisted the privacy protocol Zama's Confidential USDC (cUSDC) contract on Ethereum about 7 hours ago, resulting in approximately 12.6 million USDC being frozen within the contract.ZachXBT stated that the cUSDC contract has bee...
Zama responds to Circle's freezing of the cUSDC contract: the legal team has intervened and will restore access for qualified participants as soon as possible
Zama's official response to Circle's freezing of the cUSDC contract event states that Circle's compliance system flagged a wallet belonging to an external depositor. Since this wallet holds funds in the cUSDC contract, the entire contract was automatically swept into a standard holding freeze. This ...
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Krafton Stock Hits a 52 Week Low: What Is Going Wrong With the PUBG Maker?
Krafton stock fell to a fresh 52 week low as a PUBG esports ban controversy in Vietnam added pressure even as the company just reported record first-half revenue and profit.
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