🐋 WHALE WATCH: Circle just reminded everyone that decentralized finance has a centralized kill switch. They blacklisted the smart contract behind the Zama privacy protocol on Ethereum. Around 12.6 million dollars in user funds are now completely frozen. ZachXBT tracked the freeze back to a deposit linked to a suspected rug pull. Your on chain privacy is only as strong as the stablecoin issuer allowing it. Are you moving your capital into decentralized stables ?(Whale Factor)