The million-dollar question: Tether froze over $9 million with a single move, while the hacker moved another $8 million worth of Ethereum—same case, so why can some funds be frozen instantly while others just slip away?
Brazilian exchange Mercado Bitcoin was robbed of about $49 million on November 2. On November 3, Arkham tracked the hacker moving about $8 million worth of Ethereum into a new wallet, with the largest transfer being 2,900 ETH, worth about $6.52 million. But so far, not a single transfer has been confirmed as going through a mixer. Meanwhile, Tether, Circle, and others have frozen about $11 million in total, with Tether alone freezing over $9 million. Yet the hacker still holds about $46 million, and 106 bitcoins haven’t moved. The hard truth: stablecoins are on a ledger controlled by their issuers, so they can be frozen; Ethereum is an on-chain asset, and Arkham can only watch, sound the alarm, and set alerts—it can’t stop the funds.
Pick a side in the comments: A) If it can be frozen, it’s truly safe. B) If it can’t be frozen, it’s truly crypto. Which side are you on?
$ETH $BTC $SOL #MercadoBitcoin #黑客 #Frozen
Brazilian exchange Mercado Bitcoin was robbed of about $49 million on November 2. On November 3, Arkham tracked the hacker moving about $8 million worth of Ethereum into a new wallet, with the largest transfer being 2,900 ETH, worth about $6.52 million. But so far, not a single transfer has been confirmed as going through a mixer. Meanwhile, Tether, Circle, and others have frozen about $11 million in total, with Tether alone freezing over $9 million. Yet the hacker still holds about $46 million, and 106 bitcoins haven’t moved. The hard truth: stablecoins are on a ledger controlled by their issuers, so they can be frozen; Ethereum is an on-chain asset, and Arkham can only watch, sound the alarm, and set alerts—it can’t stop the funds.
Pick a side in the comments: A) If it can be frozen, it’s truly safe. B) If it can’t be frozen, it’s truly crypto. Which side are you on?
$ETH $BTC $SOL #MercadoBitcoin #黑客 #Frozen