Binance Hacker Searches for Exit Ramps as DeFi Exchanges Pause Markets
Key Highlights: Centralized stablecoin issuers, including Tether, Circle, and Ripple, intervened to freeze hundreds of millions of dollars in suspected exploit funds linked to a major exploit involving Binance. The perpetrator routed massive quantities of capital through decentralized platforms, utilizing Uniswap and Aave to rapidly convert assets into Ethereum (ETH). DeFi platforms implemented emergency protocols, ...