Tether: Security incident
The swift freeze by Tether and Circle underscores the power and limitations of centralized control in decentralized finance, impacting trust dynamics. The post Tether freezes over $1.567 billion in USDT tied to suspected Binance hack appeared first on Crypto Briefing .
StatusConfirmed
Reported loss$1567.0B
ChainNot specified
Confidence80%
Evidence boundary
Confidence describes the coverage of the available evidence. It is not a safety rating and does not guarantee that a protocol or asset is safe.
Sources
- https://cryptobriefing.com/tether-freezes-usdt-suspected-binance-hack/
- https://cryptoslate.com/trumps-crypto-firm-joins-tether-circle-and-ripple-in-2-6-billion-stablecoin-freeze-as-binance-hack-outflows-near-6-billion/
Record history
First seen: 2026-10-29T21:23:00.000Z. Last updated: 2026-10-30T00:15:34.333Z. Revision: 1.