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Circle blacklists addresses tied to Lazarus Group

Sep 16, 2024
  1. Circle blacklists Lazarus Group addresses
  2. Ethereum Foundation researcher exits
  3. Trump DeFi platform adds new advisor

Circle has become the latest stablecoin issuer to blacklist addresses linked to North Korea’s notorious Lazarus Group.

Circle blacklists Lazarus Group addresses

Blockchain data shows Circle has blacklisted over $1.5 million worth of its USD Coin (USDC) from wallet addresses tied to the Lazarus Group. This action comes more than four months after competitors Tether, Paxos, and Techteryx took similar measures, blacklisting nearly $5 million in various stablecoins on the same addresses.

Ethereum Foundation researcher exits

Danny Ryan, one of the longstanding researchers at the Ethereum Foundation, has announced his departure. He cited personal reasons and a desire to explore new opportunities, emphasizing that his decision was not due to any issues with the Ethereum project. Ryan played a key role in Ethereum's transition to Proof-of-Stake in September 2022 and now plans to dedicate time to his family and personal projects.

I’m taking an indefinite break to focus on my family and some small personal projects I’ve been putting off.Danny Ryan

Trump DeFi platform adds new advisor

Sandy Peng, co-founder of the Ethereum layer-2 scaling solution Scroll, has joined World Liberty Finance as an advisor. Peng has over a decade of experience in the blockchain industry and is known for scaling open-source projects for social and economic impact. The project, linked to Donald Trump, plans its launch on September 16.

These events highlight the ongoing changes and trends in the world of cryptocurrency and blockchain technology. The blacklisting of Lazarus Group addresses, the departure of a key Ethereum researcher, and new appointments at Trump DeFi all reflect the dynamism and complexity of the industry.

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