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Source Techmeme techmeme.com Media Center
October 29, 2026 ai_technology technology

Binance says it is investigating a "potential security issue" as suspicious outflows reach up to $5.8B; Tether freezes 1.5B+ USDT, Circle freezes 800M+ USDC (The Block)

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Overview

The Block: Binance says it is investigating a “potential security issue” as suspicious outflows reach up to $5.8B; Tether freezes 1.5B+ USDT, Circle freezes 800M+ USDC — Onchain data shows about $3.55 billion in incoming transfers to the unlabeled wallet, with nearly $900 million subsequently moved across other wallets.

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