Crypto giants come together after the Binance security incident, freezing $2.54 BILLION. The exchange says the verified total frozen is $2.54 BILLION and "may continue to…
Original source excerpt
🚨JUST IN: Crypto giants come together after the Binance security incident, freezing $2.54 BILLION. The exchange says the verified total frozen is $2.54 BILLION and "may continue to increase" as it w…
🚨JUST IN: Crypto giants come together after the Binance security incident, freezing $2.54 BILLION. The exchange says the verified total frozen is $2.54 BILLION and "may continue to increase" as it works with law enforcement and industry partners. Stablecoin issuers moved first, with Tether freezing $1.567 BILLION in $USDT and Circle locking over $800 MILLION in $USDC. Ripple also froze stolen RLUSD, while World Liberty and BitGo froze stolen USD1 and WLFI. Paxos froze $7.6 MILLION in tokenized gold. Aave froze its lending markets as a precaution and Kamino blocked the attacker's Solana wallet within 5 minutes of spotting it. Binance says user funds "remain safe."
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