Security· ★★★★★· bearish·

Binance hackers split $6.3B haul into freezable and unfreezable assets

  • —Tether and Circle froze 1.77B USDT and 825M USDC
  • —Ripple blocked 40.5M RLUSD, World Liberty Financial 27.8M USD1
  • —Arbitrum's Security Council halted $30.5M via emergency powers
  • —Attackers retain ~$1.09B in ETH, $1.41B in BTC and 682.9M TRX
Why it matters: Freezes cover only about half the haul; conversion into ETH and BTC makes funds unrecoverable, as the Bitget breach showed.
Source: Cryptopolitan