Did we actually learn how to deal with hacks by now? - Binance communicated the exposure & said it would cover all losses with SAFU + company funds. - Tether & Circle quickly…
Ignas / DeFi Research Published: 2026-10-30 16:48 UTC Collected: 2026-10-30 19:24 UTC Original language: Not supplied by source
Did we actually learn how to deal with hacks by now?
- Binance communicated the exposure & said it would cover all losses with SAFU + company funds.
- Tether & Circle quickly froze billions in stole…
Did we actually learn how to deal with hacks by now?
- Binance communicated the exposure & said it would cover all losses with SAFU + company funds.
- Tether & Circle quickly froze billions in stolen stables.
- Aave froze new DEPOSITS & BORROWING while keeping WITHDRAWALS open. Users could still repay loans too.
- Arbitrum's Security Council froze 8.4k ETH and 74,6M ARB (last time it took them longer. Now they know what to do).
- Elliptic shared a free live list of hacker linked wallets so others could flag and block the funds.
Most importantly, the market did not overreact and BTC trades just ~5% lower.
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Sucks that crypto is getting run by lawyers now. Brian Armstrong (Coinbase) said that: "if you have a company run by lawyers [...] you're not going to get in trouble, but you're never going to do anything innovative ever again" In Kast case, even if they spent millions on lawyers
Rotation to crypto already underway Crypto up while retail AI stocks are down.. Even gold is down 7%. I think a big part is simply timing/technical: BTC took got rekt earlier, while AI stocks kept pumping. Crypto had already priced in a lot of disappointment. I've also always bel
KAST decided not to do a TGE. Eligible points will become 'KAST Pioneer Units' in December. Basically, points they might pay out later, but don't have to. No equity, no voting rights. Unfortunate that tokens are becoming unattractive to crypto native teams. Something like Backpac