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USDT0 Freezes 6.19 Million USDT Linked to Binance Hack

Oct 29, 2026 15:30 (19h ago)

USDT0 froze 6.19 million USDT linked to the suspected Binance cyberattack and temporarily suspended transfers between TRON and Ethereum.

The freeze added to more than $2.6 billion in digital assets blocked by stablecoin issuers and other firms after Binance estimated the incident’s impact at about $6.3 billion.

USDT0 restored the TRON-Ethereum transfer service; Solana lending protocols, Binance Japan and bitFlyer also imposed temporary restrictions or delays.

USDT0 froze 6.19 million USDT linked to the suspected Binance cyberattack and temporarily suspended transfers between TRON and Ethereum before restoring them as a precaution. The action added to more than $2.6 billion in digital assets frozen by stablecoin issuers and other firms after Binance estimated the incident’s impact at about $6.3 billion, with approximately $6.36 billion moving across 10 blockchains. Binance said user funds were safe and losses would be covered, while the incident disrupted Solana lending, prompted restrictions at Binance Japan and bitFlyer, and contributed to crypto-market losses.

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