🚨 Binance hot wallets reportedly hit for $2B+, and $2.1B in stablecoins got frozen within 46 minutes
The attacker moved funds to fresh addresses on Ethereum and TRON. The issuers reacted fast:
⏱ 21:01 UTC: Tether freezes 971.1M $USDT on the hacker's ETH address
⏱ 21:04: Circle freezes 823M $USDC on the same address
⏱ 21:09: Tether freezes 312.7M $USDT on the hacker's TRON address
Stolen stables are only as good as the issuer's blacklist. The attacker is sitting on $2B+ he can't move. Centralized stablecoins mean a centralized kill switch, and this time it worked in the victim's favor.
⚠️ This comes from a single post. Check Binance and the issuers' official channels before you trade or panic on it.
The attacker moved funds to fresh addresses on Ethereum and TRON. The issuers reacted fast:
⏱ 21:01 UTC: Tether freezes 971.1M $USDT on the hacker's ETH address
⏱ 21:04: Circle freezes 823M $USDC on the same address
⏱ 21:09: Tether freezes 312.7M $USDT on the hacker's TRON address
Stolen stables are only as good as the issuer's blacklist. The attacker is sitting on $2B+ he can't move. Centralized stablecoins mean a centralized kill switch, and this time it worked in the victim's favor.
⚠️ This comes from a single post. Check Binance and the issuers' official channels before you trade or panic on it.