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Circle and Tether Act to Freeze Hacker Wallet Following Large‑Scale Bitget Crypto Theft
In a decisive move that underscores the growing collaboration between stablecoin issuers and cryptocurrency exchanges, Circle and Tether have taken steps to block a digital wallet that was identified as the repository for a substantial portion of the assets stolen in the recent Bitget hack. The coordinated effort comes after a high‑profile breach that saw attackers siphon off a large quantity of …
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether Act to Freeze Hacker Wallet Following Large‑Scale Bitget Crypto Theft
In the wake of a high‑profile robbery that targeted the cryptocurrency exchange Bitget, two of the world’s most prominent stablecoin issuers—Circle, the company behind USDC, and Tether, the steward of USDT—have taken decisive action to impede the further movement of the illicit proceeds. By blacklisting a specific blockchain address that housed approximately $318,000 worth of USDC and USDT, the f…
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether act to lock hacker's wallet following huge Bitget crypto robbery
In early June, the cryptocurrency exchange Bitget suffered one of the most significant thefts in recent memory, losing an estimated $1.2 billion in digital assets. The breach, which shocked the industry and prompted an immediate response from regulators and security experts, highlighted the vulnerability of centralized platforms that hold large sums of user funds. In the aftermath of the attack, …
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether Act to Freeze Hacker's Wallet Following Large-Scale Bitget Crypto Theft
In a decisive move that underscores the growing responsibility of stablecoin issuers in the fight against cryptocurrency crime, Circle and Tether have jointly taken steps to freeze a digital wallet linked to a massive theft from the Bitget exchange. The coordinated effort came after investigators traced a portion of the stolen assets—approximately $318,000 in a combination of USDT (Tether) and US…
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether Act to Freeze Hacker Wallet Following Large‑Scale Bitget Crypto Theft
In the wake of a high‑profile robbery that targeted the Bitget cryptocurrency exchange, two of the world’s most prominent stablecoin issuers—Circle, the company behind USDC, and Tether, the creator of USDT—have taken decisive steps to impede the thief’s ability to move the stolen digital assets. By adding the offending address to their respective blacklists, the firms have effectively frozen appr…
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether Act to Lock Down Hacker Wallet Following Major Bitget Crypto Theft
In the wake of one of the most high‑profile cryptocurrency thefts of the year, two of the world’s most influential stablecoin issuers—Circle, the company behind USDC, and Tether, the creator of USDT—have taken decisive action to try to stem the flow of illicit funds. The incident in question involves a massive heist at Bitget, a prominent digital asset exchange, where attackers managed to siphon …
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether Act to Freeze Hacker's Wallet Following Large-Scale Bitget Crypto Theft
In the wake of a dramatic crypto robbery that targeted Bitget, two of the most influential issuers of stablecoins—Circle, the company behind USDC, and Tether, the creator of USDT—have taken decisive action to impede the further movement of the stolen digital assets. By blacklisting a specific wallet that holds a sizable portion of the illicit proceeds, the firms aim to protect investors and demon…
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether Act to Freeze Hacker Wallet Following Major Bitget Crypto Theft
In the wake of one of the most audacious cryptocurrency thefts of the year, two of the most influential stablecoin issuers—Circle, the company behind USDC, and Tether, the issuer of USDT—have taken decisive action to block further movement of a portion of the stolen funds. The incident in question involves a massive hack of the Bitget exchange, a platform that suffered a breach resulting in the l…
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether Act to Freeze Hacker Wallet Following Massive Bitget Crypto Heist
In a dramatic turn of events that underscores the growing challenges of securing digital assets, two of the most prominent stablecoin issuers—Circle, the company behind USDC, and Tether, the issuer of USDT—have taken coordinated action to freeze a cryptocurrency wallet that is believed to belong to the perpetrators of a recent, high‑profile theft from the Bitget exchange. The move comes after an …
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether Act to Freeze Hacker Wallet Following Major Bitget Crypto Theft
In a swift and coordinated response to one of the most high‑profile cryptocurrency thefts of the year, two of the world’s leading stablecoin issuers—Circle, the company behind USDC, and Tether, the issuer of USDT—have taken decisive action to block a wallet that was identified as the primary repository for the stolen funds. The move comes after a massive heist at the Bitget exchange, where hacker…
Sept. 25, 2026, 2:41 p.m.