Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
ZachXBT: Frozen Zama cUSDC funds may be related to Overnight Finance

ZachXBT: Frozen Zama cUSDC funds may be related to Overnight Finance

ChaincatcherChaincatcher2026/05/30 08:59
Show original

According to ChainCatcher, ZachXBT stated that approximately $12.4 million in funds in the Zama cUSDC contract, which was blacklisted by Circle, may be connected to the DeFi project Overnight Finance. The latter has recently been embroiled in controversy after its team was accused of a rug pull.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

South Korean stocks dropped over 1%

格隆汇•2026/09/29 04:07

"Big short" Michael Burry: The AI bubble may burst "earlier than expected," replacing short positions with put options to increase leverage

Michael Burry suggested that the AI bubble could burst as early as next summer and has replaced all his short positions on Micron, Nebius, SOXX semiconductor ETF, and Palantir with put options to obtain lower cost and higher leveraged short exposure. He believes the AI boom is built on the unproven assumption of "sustained capital expenditure," and once revenues disappoint, capital will quickly flee.

华尔街见闻•2026/09/29 04:01