Binance just got hit for $6.36B in ~20 minutes. Largest crypto hack in history. 4x bigger than Bybit.
$USDT and $USDC? Tether and Circle froze $2.7B within hours.
The remaining $2.4B in $BTC and $ETH? Untouchable. No freezes. No reversals.
This is Bitcoin working exactly as designed. Immutable. Unstoppable. For better or worse.
Centralized stables can be stopped. Decentralized assets cannot. That's the tradeoff.
$USDT and $USDC? Tether and Circle froze $2.7B within hours.
The remaining $2.4B in $BTC and $ETH? Untouchable. No freezes. No reversals.
This is Bitcoin working exactly as designed. Immutable. Unstoppable. For better or worse.
Centralized stables can be stopped. Decentralized assets cannot. That's the tradeoff.
