List of Flash News about privately controlled chain
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2025-08-12 23:35 |
USDC Gas Token Warning: Privately Controlled Chains Could Brick Accounts, Elevating Custody Risk for Traders
According to @alice_und_bob, using USDC as the gas token on a privately controlled chain creates a centralized choke point that could allow operators to brick or freeze accounts, heightening custody and censorship risk for users, source: @alice_und_bob on X, August 12, 2025. According to @alice_und_bob, traders should avoid parking capital on such networks due to potential loss of access and execution risk and factor a risk premium or shift liquidity when assessing exposure, source: @alice_und_bob on X, August 12, 2025. |