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Binance investigating hack as suspicious outflows reach up to $5.8 billion

#USDT#USDC

TLDR — Tether and Circle froze $1.

Signal data▼ Bearishconfidence 90%High materiality
AssetUSDTUSDCEventexchange-incidentEvent timeAttention0 readers/hrNormalSmart readers0

Tether and Circle froze $1.79 billion in USDT and USDC after billions moved out of Binance hot wallets. Binance says it is investigating.

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