#CircleTetherFreezeBitgetHackerWallet
šØ Circle and Tether have frozen the Bitget hackerās wallet!
After the Bitget attack, Circle has blocked the hacker address holding approximately 99,990 USDC, while Tether has blocked the address holding 218,023 USDT. The total value of the frozen stablecoins is approximately $318 million.
ā ļø But the main amount is still in ETH formāother hacker wallets are reported to hold 63,000+ ETH, and ETH cannot be frozen by the issuer.
š According to more recent reports, Bitget has raised its initial $351.6M estimate to around $387.5ā388M.
Question: Do you think this incident will increase fears about security in the crypto market, or will Bitgetās swift response preserve trust? š
#BinanceSquare #ī
šØ Circle and Tether have frozen the Bitget hackerās wallet!
After the Bitget attack, Circle has blocked the hacker address holding approximately 99,990 USDC, while Tether has blocked the address holding 218,023 USDT. The total value of the frozen stablecoins is approximately $318 million.
ā ļø But the main amount is still in ETH formāother hacker wallets are reported to hold 63,000+ ETH, and ETH cannot be frozen by the issuer.
š According to more recent reports, Bitget has raised its initial $351.6M estimate to around $387.5ā388M.
Question: Do you think this incident will increase fears about security in the crypto market, or will Bitgetās swift response preserve trust? š
#BinanceSquare #ī