Seven USDC wallet addresses were blacklisted on Wednesday
April 23, 2021, 4:02PM EDT
1 min read
The Centre Consortium, the organization behind the USD Coin (USDC) stablecoin co-founded by Coinbase and Circle, blacklisted seven seemingly inactive Ethereum addresses Wednesday, data from Dune Analytics shows.
This development appears to be the first time that Centre has blacklisted USDC-containing addresses since July 2020, when Centre blacklisted an address containing more than 100,000 USDC. At the time, Centre told The Block that "it blacklisted an address in response to a request from law enforcement. While we cannot comment on the specifics of law enforcement requests, Centre complies with binding court orders that have appropriate jurisdiction over the organization."
The addresses are listed below. The Block noted their last transaction using data from the blockchain explorer Etherscan.
0x9f4cda013e354b8fc285bf4b9a60460cee7f7ea9 (15 days ago)
0x7f19720a857f834887fc9a7bc0a0fbe7fc7f8102 (393 days ago)
0x72a5843cc08275c8171e582972aa4fda8c397b2a (419 days ago)
0x1da5821544e25c636c1417ba96ade4cf6d2f9b5a (673 days ago)
0xd882cfc20f52f2599d84b8e8d58c7fb62cfe344b (778 days ago)
0x7db418b5d567a4e0e8c59ad71be1fce48f3e6107 (784 days ago)
0x7f367cc41522ce07553e823bf3be79a889debe1b (1193 days ago)
This last address also had the most USDC transferred out of it, 1,756.99221894 Ether.
According to Circle, the USDC smart contract keeps a global blacklist to help comply with anti-financial crime regulation, and blacklisted addresses may have their USDC permanently inaccessible.
Data compiled by The Block Research shows the total supply of USDC has accelerated since the beginning of 2020.
The Block Research was commissioned by Forte to create “Blockchain-Based Gaming: A Primer” which provides a comprehensive introduction to how blockchain technology is being employed in video gaming experiences.
“It’s a global development.” On this episode of The Scoop, 10T Founder and CEO Dan Tapiero joined host Frank Chaparro to discuss his insights into the globalization of crypto markets and how his macro investing strategy has seen his fund 10T pour hundreds of millions into crypto unicorns. To date, Tapiero has already allocated the […]
The U.S. Securities and Exchange Commission is said to be allowing the first Bitcoin futures exchange-traded fund (ETF), per a Bloomberg report. The publication said in a report on Thursday night that the U.S. regulator “isn’t likely to block the products from starting to trade next week,” citing people familiar with the matter. The report […]