Binance investigates suspected multibillion-dollar drain across three chains as Tether and Circle freeze $1.8 billion

Wallets labeled as Binance's lost billions of dollars of tokens, including a large share of USDC and USDT on Ethereum, and stablecoin issuers froze part of the funds, while Binance says user funds are safe.

More: The Defiant · Decrypt · Cointelegraph · Unchained

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Topics: Account abstraction · Stablecoins · Finance on Ethereum · CROPS · Security

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Binance investigates suspected multibillion-dollar drain across three chains as Tether and Circle freeze $1.8 billion · ethernews.org