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Binance hackers raced to move billions before it could be frozen

Attackers raced to convert stolen stablecoins into crypto that issuers could not freeze as industry players like Tether and Circle moved to immobilize billions of dollars in assets.

Why it matters

Loss events reprice related tokens and counterparties first. Confirm what was taken, what was recovered, and whether a chain or a custodian is in scope.

Automated desk note. Not Dextape reporting.

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Headline and excerpt from Cointelegraph’s public feed. Cointelegraph holds the copyright and publishes the full story; Dextape links to it rather than reprinting it.

Original reporting

Cointelegraph by Christina Comben, Cointelegraph

Cointelegraph wrote and holds the copyright to this story. Dextape shows its headline and a short excerpt and links to the full piece.

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