Layah Heilpern: CZ confirms binance hacked as Tether and Circle freeze $1.8 billion

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Layah Heilpern: CZ confirms binance hacked as Tether and Circle freeze $1.8 billion — Binance hack prompts $1.8 billion freeze

Binance founder CZ has confirmed that binance was hacked.

Layah Heilpern reported that Tether and Circle acted quickly to freeze $1.8 billion in stablecoins, which minimized the damage by 50%. She expressed hope that the situation is now contained.

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But we saved everything 🙂.

Layah Heilpern has previously reported on crypto trading developments involving major institutions. She highlighted the start of bitcoin trading at Sberbank with a $3,500 annual cap. Heilpern also covered safety measures for AI crypto traders through Wormbook's coin scanning on Robinhood chain. These earlier reports focused on regulatory limits and security efforts in digital asset markets.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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