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Binance Hot Wallet Exploit: Aave's Response - Risk

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by COINS NEWS 36 Views

Binance Hot Wallet Exploit: Aave's Response - Risk
  • The Binance hacker deposited 60M USDT on Aave V3 Ethereum & borrowed 19,762 WETH against it
  • Aave has paused new deposits & borrows, but repayments & withdrawals remain enabled

The Binance hacker's wallet still holds 1.175B USDT, 800M USDC, 12K Tether Gold, 1900 Paxos Gold, Binance should get all of these back as they'll be frozen by issuers.

submitted by /u/h4l
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