Binance Hack Fallout: Aave Freezes Lending Across 16 Networks
6 Articles
6 Articles
Aave froze 292 reserves across 16 networks after 195,000 ETH were stolen from Binance's hot wallet; Binance blocked $3 billion in assets.
Aave froze reserves on several networks after an attacker took more than 195,000 ETH and other hot portfolio assets from Binance. The gap led the exchange to suspend withdrawals. BTC and ETH retreated during the same period, although available information does not identify a specific catalyst for those general falls.
Binance Hack Fallout: Aave Freezes Lending Across 16 Networks
Aave froze 292 reserves across its V3 and V4 markets following a major Binance security breach that saw attackers steal more than 195,000 ETH and millions of dollars in altcoins. Binance Exploit Drains 195,000 ETH Across Multiple Blockchains Decentralized finance (DeFi) lending protocol Aave froze lending markets across 16 blockchain networks Thursday following a major […]
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