[Hackers Transfer Stolen Coinbase Funds, Circle Did Not Freeze USDC] On October 2, on-chain analyst ZachXBT revealed that in the Coinbase hacking incident, hackers exchanged approximately 5 million DAI for USDC and transferred it cross-chain after staying on-chain for 35 minutes. Circle did not freeze the USDC. It is reported that the hackers stole over $300 million from Coinbase users by bribing customer service.