The Binance hack this time was truly outrageous—$6.3 billion! Thankfully, Tether and Circle stepped in to save the day, freezing around $3 billion worth of stablecoins. Otherwise, the losses would have been devastating.
Besides the stablecoin issuers, organizations like the FBI and Arbitrum also worked together, managing to contain the damage amid all the chaos.
This kind of cooperation was crucial. Just imagine how much bigger the hole could have been otherwise.
$ARB
$BTC
$ETH
#Arbitrum
#OnChainActivity
Besides the stablecoin issuers, organizations like the FBI and Arbitrum also worked together, managing to contain the damage amid all the chaos.
This kind of cooperation was crucial. Just imagine how much bigger the hole could have been otherwise.
$ARB
$BTC
$ETH
#Arbitrum
#OnChainActivity
