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Circle and Tether Act to Freeze Hacker Wallet Following Major Bitget Crypto Heist
In a decisive move that underscores the growing willingness of stablecoin issuers to intervene in illicit activity, Circle and Tether have jointly taken steps to freeze a cryptocurrency wallet that was used in a high‑profile theft from the Bitget exchange. The coordinated effort came after investigators traced a substantial portion of the stolen funds to a single address that held approximately $…
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether act to lock down hacker wallet after major Bitget crypto theft
In early March, the cryptocurrency exchange Bitget suffered one of the most significant security breaches in recent memory, losing an estimated $100 million worth of digital assets. The attack, which targeted the exchange’s hot wallet infrastructure, allowed the perpetrators to siphon off a mix of stablecoins, major cryptocurrencies, and other tokens. In the aftermath, two of the world’s largest …
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether act to lock down hacker's wallet following huge Bitget crypto robbery
In the wake of a dramatic theft that rattled the cryptocurrency exchange Bitget, two of the most influential issuers of stablecoins—Circle, the company behind USDC, and Tether, the creator of USDT—took coordinated action to try to stem the flow of stolen funds. Their move centered on a single digital wallet that investigators believe belongs to the hacker or group responsible for siphoning a larg…
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether Act to Freeze Hacker's Wallet Following Major Bitget Crypto Theft
In the wake of a dramatic cyber‑theft that rattled the cryptocurrency exchange Bitget, two of the most influential issuers in the stablecoin market—Circle, the company behind USDC, and Tether, the creator of USDT—have taken decisive steps to curb the further movement of the stolen funds. By blacklisting a specific blockchain address that holds approximately $318,000 in their respective stablecoin…
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 breach at the cryptocurrency exchange Bitget, two of the world’s most prominent stablecoin issuers, Circle and Tether, have taken decisive steps to curb the further movement of stolen digital assets. By blacklisting a specific wallet that was identified as a repository for a substantial portion of the illicit proceeds—approximately $318,000 worth of USDT and USDC—the…
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.
Markets
Circle and Tether Act to Immobilize Hacker Wallet Following Major Bitget Crypto Theft
In a decisive move to curb the fallout from one of the most significant cryptocurrency heists in recent memory, two of the industry’s most influential stablecoin issuers—Circle, the company behind USDC, and Tether, the entity responsible for USDT—have jointly taken steps to freeze a digital wallet identified as belonging to the perpetrators of the Bitget exchange robbery. This coordinated effort …
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether Act to Freeze Hacker Wallet Following Large‑Scale Bitget Crypto Theft
In a decisive move that underscores the growing willingness of stablecoin issuers to intervene in illicit activity, Circle and Tether have jointly taken steps to freeze a digital wallet that was identified as the repository for a substantial portion of the proceeds from a recent, high‑profile robbery targeting the cryptocurrency exchange Bitget. The coordinated effort by the two firms, which resp…
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 a dramatic cryptocurrency robbery that rattled the Bitget exchange, two of the world’s most prominent stablecoin issuers—Circle, the company behind USDC, and Tether, the issuer of USDT—have taken decisive steps to curb the further movement of the illicit proceeds. Both firms announced that they have placed a blacklist on a specific blockchain address that was identified as the prim…
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 a high‑profile robbery that targeted the Bitget cryptocurrency exchange, two of the world’s most influential stablecoin issuers—Circle, the company behind USDC, and Tether, the creator of USDT—have taken coordinated steps to immobilise a portion of the stolen digital assets. The incident, which unfolded earlier this year, saw a sophisticated hacker breach Bitget’s internal controls…
Sept. 25, 2026, 2:41 p.m.