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USDT0 Freezes 6.19 Million Tokens Connected to Binance Exploit
(3 hours ago) · 1 source · Summarized by CryptoBipto
USDT0, a cross-chain version of the USDT stablecoin, has frozen 6.19 million tokens that were reportedly linked to a Binance exploit. The freeze prevents the flagged tokens from being moved or redeemed, effectively blocking the exploiter from accessing those funds.
WHY IT MATTERS
Stablecoins like USDT are digital tokens designed to hold a steady value, usually pegged to the US dollar.
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SOURCES
- thedefiant.io
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