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Total Binance exploit: $5.5 billion. Tether froze more than $2.25 billion. Circle froze more than $700 million. Sure, this is a big problem, and it's an industry-wide problem.…

Michaël van de Poppe
Published: 2026-10-29 21:36 UTC
Collected: 2026-10-29 22:52 UTC
Original language: Not supplied by source
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Original source excerpt

Total Binance exploit: $5.5 billion. Tether froze more than $2.25 billion. Circle froze more than $700 million. Sure, this is a big problem, and it's an industry-wide problem. However, if the…

Total Binance exploit: $5.5 billion. Tether froze more than $2.25 billion. Circle froze more than $700 million. Sure, this is a big problem, and it's an industry-wide problem. However, if there's an hack been taking place and this fast, the entire industry steps in to secure those assets, then the system is getting more robust.

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