Odaily, citing Decrypt, reported that wallets linked to a suspected Binance hack received tens of thousands of ETH through a Uniswap contract and borrowed 19,762 ETH on Aave using about $60 million in USDT as collateral. On-chain records did not show any vulnerability in either Uniswap or Aave. As of 22:07 UTC, the two wallets held about 253,000 ETH with an estimated value of $570 million, and no outgoing transfers had been recorded. In response, Aave paused its Ethereum mainnet V3 market, while Kamino halted borrowing in its SOL/BTC market. Ripple also froze about $200 million in RLUSD, and stablecoin issuers froze more than $2 billion in USDT and USDC.
Wallets linked to a suspected Binance hack received tens of thousands of ETH through a Uniswap contract and borrowed 19,762 ETH on Aave with about $60 million in USDT posted as collateral, according to Decrypt as cited by Odaily.
On-chain records did not indicate any vulnerability in Uniswap or Aave. As of 22:07 UTC, the two wallets held about 253,000 ETH worth roughly $570 million, with no outbound transfers recorded.
Aave has paused its Ethereum mainnet V3 market, and Kamino has also suspended borrowing in its SOL/BTC market. Ripple froze about $200 million in RLUSD, while stablecoin issuers froze more than $2 billion in USDT and USDC.
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