Security· ★★★★· neutral·

First Digital freezes FDUSD stolen in Binance attack

  • —First Digital froze FDUSD linked to the Binance attack
  • —CEO Vincent Chok said protecting FDUSD holders and blocking the movement of stolen funds is the priority
  • —The company is coordinating with Binance and will share updates as work progresses
Why it matters: The freeze makes it harder for the attacker to move stolen funds and shows stablecoin issuers are joining the response to the incident.
Source: PANews