bitcoin
Researcher Finds Mercado Bitcoin Freezes Near $7 Million
Exchange withdrawals are currently on hold, even as onchain data reveals significant asset movements.
Specifically, Circle has frozen USDC tokens residing on the Polygon network, and Paxos has placed a freeze on its gold tokens circulating on Ethereum.
These onchain records detail the freezing of USDC by Circle on Polygon and the freezing of gold tokens by Paxos on Ethereum, all while exchange withdrawal capabilities stay suspended.
