The Binance hacker may have found a pretty clever loophole in DeFi.
Source reports
- The Binance hacker may have found a pretty clever loophole in DeFi. The story goes that Tether froze $1.5 billion in USDT, followed by Circle locking another $800 million in USDC. You'd think that would be game over. Billions in stolen funds frozen, with no way for the hacker to… — @quantJB (X), Oct 30, 2026, 03:26 UTC
- THE $6.3 BILLION BINANCE HACK: HERE'S WHAT WE KNOW SO FAR. Binance is investigating a massive security incident, with preliminary estimates putting the impact at approximately $6.3 billion. Here's how the situation unfolded: 1. Binance Exploit The preliminary investigation… — @Xaif_Crypto (X), Oct 30, 2026, 03:53 UTC
- North Korean hackers might be some of the most sophisticated people in crypto first, they pull off a $6.36B hack from binance then tether, circle and starknet step in to freeze the stolen assets, making them practically unusable but instead of stopping there, they find another… — @vibeman_0 (X), Oct 30, 2026, 05:35 UTC
- the Binance hacker might have just pulled off one of the smartest moves I’ve seen in crypto. first, Tether froze $1.5 billion in USDT. then Circle froze another $800 million in USDC. at that point, it looked like the hacker’s money was trapped. apparently, he had already planned… — @larry00_1 (X), Oct 30, 2026, 07:39 UTC
- the Binance hacker might have just pulled off one of the smartest moves i’ve seen in crypto first tether froze $1.5 billion in USDT then circle froze another $800 million in USDC at that point it looked like the hacker’s money was trapped but apparently he had already planned… — @FrenChadMilord (X), Oct 30, 2026, 09:34 UTC
- the binance hacker parked $60m of $usdt on aave and borrowed $eth against it north korea is a defi degen now..... — @KookCapitalLLC (X), Oct 30, 2026, 13:01 UTC
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