#TwoAddressesHoldingAbout1.28BUSDTFrozen
🧊 $1.28B in USDT Frozen Across Two Addresses
📊 Whale Alert flagged freezes of ~312.7M and ~971.1M USDT early Oct 30 (Beijing time)
🔗 Tether's Paolo Ardoino says over 1.567B USDT tied to the Binance security incident is now frozen
🧊 Circle froze 800M+ USDC and Ripple about $200M
⚠️ Binance puts the total impact near $6.3B, with ~$3B frozen on-chain so far
🛡️ Binance says it will cover all losses from SAFU and company funds, and user funds are safe
📅 Deposits run normally; withdrawals are paused and expected to start resuming within 48 hours
📉 BTC dipped more than 4% below $78K on the news
What it means for crypto: fast issuer freezes locked up about half the impact, but they also show stablecoins can be frozen at the contract level.
Do stablecoin freezes make you trust them more or less? 👇
$USDT $BTC
#CryptoNews #Stablecoins #Tether #TwoAddressesHoldingAbout1.28BUSDTFrozen
🧊 $1.28B in USDT Frozen Across Two Addresses
📊 Whale Alert flagged freezes of ~312.7M and ~971.1M USDT early Oct 30 (Beijing time)
🔗 Tether's Paolo Ardoino says over 1.567B USDT tied to the Binance security incident is now frozen
🧊 Circle froze 800M+ USDC and Ripple about $200M
⚠️ Binance puts the total impact near $6.3B, with ~$3B frozen on-chain so far
🛡️ Binance says it will cover all losses from SAFU and company funds, and user funds are safe
📅 Deposits run normally; withdrawals are paused and expected to start resuming within 48 hours
📉 BTC dipped more than 4% below $78K on the news
What it means for crypto: fast issuer freezes locked up about half the impact, but they also show stablecoins can be frozen at the contract level.
Do stablecoin freezes make you trust them more or less? 👇
$USDT $BTC
#CryptoNews #Stablecoins #Tether #TwoAddressesHoldingAbout1.28BUSDTFrozen
