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      Circle CPTO: If Hundreds of Millions in USDC Are Stolen, Would Arc Be Rolled Back?Circle Chief...

      Circle CPTO: If Hundreds of Millions in USDC Are Stolen, Would Arc Be Rolled Back?Circle Chief Product and Technology Officer Nikhil Chandhok chandhok said in a September 16 interview with Bankless Bankless that, when asked whether Circle would roll back Arc if a lending protocol such as Aave were exploited by the Lazarus Group and tens or even hundreds of millions of dollars in USDC were stolen, he could not commit to a specific response.Instead, Chandhok emphasized that Arc is immutable public financial infrastructure supported by more than 20 validators. He said rolling back a blockchain would be an extremely significant decision, and breaking its immutability could fundamentally undermine trust that would be difficult to rebuild.Source:https://

      Source: Wu Blockchain
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud