Circle freezes $823 million in USDC

BitGo is taking steps to freeze USD1 in addresses linked to stolen funds identified by World Liberty Financial and says its platform was not affected by the security breach.

Binance experienced an unusually large outflow of USDT and ETH at 4:00 AM (UTC+8). The USDT outflow was more than eight times the maximum single-hour outflow since October 27th, while the ETH outflow was approximately three times the previous amount. Binance is investigating potential security issues and has stated that user funds are safe. The outflowing funds primarily originated from Binance hot wallets and were transferred to newly created addresses. (Santiment)

Aave has suspended its lending market on Avalanche to prevent Binance hackers from borrowing funds. (Watcher.Guru)

200 million USDT have flowed out of Binance's hot wallets, and Tether has frozen the asset. Tether had previously frozen over $1.567 billion in USDT. The total outflow of assets associated with Binance token wallets is approximately $5.643 billion, including approximately $3.528 billion from the Ethereum network, approximately $1.449 billion from the Bitcoin network, approximately $628 million from the Tron network, and approximately $38 million from Arbitrum, Optimism, and Base combined. He Yi stated that Binance is aware of reports of potential security issues and is actively investigating. The security team is urgently reviewing all relevant information and will release the latest updates through official Binance channels after verification, reminding users to be vigilant against scams and emphasizing user fund security (SAFU).

In late New York trading on Thursday, spot gold fell 1.13% to $4,201.15 per ounce, while spot silver fell 3.4% to $52.144 per ounce.