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PANews
PANews|Sep 25, 2025 09:05
[Circle is Exploring Reversible Transactions to Recover Funds in Fraud and Hacking Incidents] According to Cointelegraph, stablecoin issuer Circle is exploring reversible transactions to help recover funds in cases of fraud and hacking, a move that appears to contradict the core principles of cryptocurrency transactions being irreversible and decentralized. Circle President Heath Tarbert revealed to the Financial Times that the company is researching mechanisms to reverse transactions in fraud or hacking incidents while still maintaining the finality of settlement. He admitted that there is an inherent contradiction between considering transaction reversibility and maintaining settlement finality. Tarbert also pointed out that while blockchain is often regarded as the future of finance, drawing on features of traditional finance can also be beneficial; the current financial system has advantages that blockchain does not yet possess. Some developers believe that, under the premise of mutual agreement among parties, introducing a certain degree of transaction reversibility for fraudulent activities is both necessary and feasible.
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Oct 25, 02:49Jamaica has issued a trade order for threatened areas.
Oct 24, 23:35The United States bribes the government to legalize crime.
Oct 24, 18:26Advancing the progress of market structure clarification
Oct 24, 09:31Reserve Bank of Australia studies settlement infrastructure adaptation for new digital currencies
Oct 24, 00:47Trump administration corrects unfair actions against cryptocurrency
Oct 23, 09:15Former executive of RWA Company accuses partner of breach of trust to seize control.
Oct 23, 05:04Regulation of the digital economy requires balancing short-term stability and long-term development
Oct 23, 00:43Mrs. Trump is involved in a lawsuit over promoting the meme coin MELANIA.
Oct 22, 22:51Melania Trump and Javier Milei used in meme coin fraud
Oct 20, 18:58Beware of unexpected emails from the Federal Reserve

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