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Aave wasn’t hacked. Why did its users face restrictions?

A Binance-linked attacker borrowed from Aave before emergency controls took effect. The response stopped new deposits as lenders withdrew, pushed up borrowing costs and reopened a debate over how much disruption emergency safeguards should impose on other users.

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 Crypto.news’s public feed. Crypto.news holds the copyright and publishes the full story; Dextape links to it rather than reprinting it.

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Original reporting

Rony Roy, Crypto.news

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