🔴 An on-chain tally puts a suspected Binance drain at $5.57 billion across three blockchains, according to Decrypt. 🔍 Tether and Circle froze $1.8 billion in response. The incident is described as suspected, and details on cause and user impact were not provided in the source.

How would an exchange security incident of this size change the way you handle funds and counterparties in your P2P work? 👇

#binance #tether #circle #onchain #freeze