Binance Hack Fallout: Aave Freezes Lending Across 16 Networks
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Aave froze 292 reserves across its V3 and V4 markets on 16 networks after the Binance breach, where attackers took over 195,000 ETH and millions in altcoins. The freeze removes lending liquidity across many chains. Traders should watch for further DeFi contagion from the hack.