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Aave Freezes 292 Reserves Across V3 V4 Following Binance Breach

Aave Freezes 292 Reserves Across V3 V4 Following Binance Breach

Photo: Crypto Economy

TL;DR Aave froze 292 reserves across its V3 and V4 markets following the Binance hack. The restrictions affect 16 blockchain networks. Before the freeze, a wallet linked to the attacker deposited $60 million in USDT and borrowed 19,762 WETH, initially valued at approximately $44.6 million. Binance froze approximately $3 billion in stolen assets and pledged ... Read more

Source: Crypto Economy

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