


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.
"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'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 ...