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Aave Freezes V3 and V4 Markets After Binance Exploiter Deposits $60M USDT and Borrows 19,762 WETH

Wu Blockchain ETHUSDT Bearish

Aave froze all DAO-operated V3 and V4 markets after a wallet linked to the Binance exploiter deposited about $60M USDT and borrowed 19,762 WETH, worth roughly $44.6M. Deposits and borrowing are paused while withdrawals and loan repayments remain open, and Aave says its contracts were unaffected.

Read the full story on Wu Blockchain