Zama Founder Links cUSDC Freeze to Overnight Finance Hack

2026-05-30 19:01

Zama founder Rand has clarified that the recent freeze of cUSDC is connected to funds associated with the Overnight Finance hack. This incident is not due to any sanctions against Zama or its privacy technology. In response to the situation, Zama has suspended operations of the cUSDC, cUSDT, and cWETH contracts to aid in the ongoing investigation.

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