Binance Hack Probe: $5.8B Outflows, $1.79B Frozen
Binance is investigating suspicious outflows reaching up to $5.8 billion (USD) after Tether and Circle froze $1.79 billion (USD) in USDT and USDC.
How much control should stablecoin issuers have over freezing tokens after a hack, and where is the line between protecting users and centralizing power over supposedly decentralized money?
https://www.bonuz.xyz/en/blog/binance-hack-investigation-outflows-frozen
Binance is investigating suspicious outflows reaching up to $5.8 billion (USD) after Tether and Circle froze $1.79 billion (USD) in USDT and USDC.
How much control should stablecoin issuers have over freezing tokens after a hack, and where is the line between protecting users and centralizing power over supposedly decentralized money?
https://www.bonuz.xyz/en/blog/binance-hack-investigation-outflows-frozen
