Security· ★★★★★· bearish·

Stablecoins frozen in suspected Binance hack climb to $2.1 billion

  • —A Tron address holding 313 million USDT was frozen
  • —Tether froze 971 million USDT; Circle froze 823 million USDC
  • —Total stablecoins frozen in the incident reach about $2.107 billion
  • —Binance has not disclosed the losses or cause of the hack
Why it matters: The scale of the freezes points to a major incident; Binance's disclosure will shape the market's reaction.
Source: PANews