Data: Stablecoins frozen in connection with suspected Binance hack rise to about $2.1 billion
Oct 30, 05:28
October 30: Whale Alert posted on X that an address holding about 313 million USDT on the Tron network has been frozen, and the freeze is related to the suspected Binance hack. Adding the roughly 971 million USDT previously frozen by Tether and 823 million USDC frozen by Circle, frozen stablecoins tied to the incident now total about $2.107 billion. SolanaFloor also said Tether and Circle have frozen about $2.1 billion in USDT and USDC. Binance has not yet disclosed the losses or the cause.