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Circle and Tether Act to Freeze Hacker Wallet Following Major Bitget Crypto Theft
In a decisive move that underscores the growing importance of rapid response mechanisms in the cryptocurrency ecosystem, Circle, the issuer of the popular USDC stablecoin, and Tether, the company behind USDT, have jointly taken steps to freeze a digital wallet that was identified as the repository for a substantial portion of the assets stolen in the recent Bitget exchange heist. This coordinated…
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 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 Move to Freeze Hacker Wallet Following Major Bitget Crypto Theft
In early 2024, the cryptocurrency exchange Bitget suffered one of the most significant security breaches in recent memory, prompting a swift and coordinated response from two of the biggest issuers of stablecoins: Circle, the company behind USDC, and Tether, the issuer of USDT. The attack resulted in the loss of a substantial amount of digital assets, and the subsequent investigation revealed a c…
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether Move to Lock Down Hacker’s Wallet Following Large Bitget Cryptocurrency Robbery
In the wake of a dramatic theft that rattled the cryptocurrency exchange Bitget, two of the most prominent stablecoin issuers—Circle, the creator of USDC, and Tether, the operator of USDT—have taken coordinated action to try to stem the flow of stolen funds. Their strategy centers on blacklisting a specific wallet that was identified as a primary repository for the illicit proceeds, a move that e…
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether Act to Freeze Hacker Wallet Following Massive Bitget Crypto Heist
In the aftermath of one of the most high‑profile cryptocurrency thefts of the year, two of the world’s leading stablecoin issuers, Circle and Tether, have taken decisive action to impede the further movement of stolen assets. The two firms announced that they have blacklisted a digital wallet that was identified as the primary repository for roughly $318,000 worth of USDT (Tether) and USDC (Circl…
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether intervene to lock down hacker's wallet after major Bitget crypto robbery
In early March, the cryptocurrency exchange Bitget suffered one of the most sizable security breaches in recent memory, losing an estimated $150 million worth of digital assets in a single night. The attack, which appears to have been meticulously planned and executed by a sophisticated group of cyber‑criminals, left the exchange scrambling to assess the damage, trace the flow of the stolen coins…
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 Bitget, one of the world’s prominent cryptocurrency exchanges, two of the industry’s most influential stablecoin issuers—Circle and Tether—have taken decisive steps to curtail the flow of stolen funds. The incident, which unfolded earlier this year, saw cyber‑criminals breach Bitget’s security protocols and abscond with a substantial sum of digi…
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether Act to Freeze Hacker Wallet Following Major Bitget Crypto Theft
In a decisive move that underscores the growing responsibility that stablecoin issuers are assuming in the fight against cryptocurrency crime, Circle and Tether have jointly taken steps to freeze a digital wallet that was identified as the conduit for a large‑scale theft from the cryptocurrency exchange Bitget. The incident, which has rattled the crypto community, involved the illicit transfer of…
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's Wallet Following Major Bitget Crypto Theft
In a decisive move that underscores the growing willingness of major stablecoin issuers to intervene in the aftermath of high‑profile crypto thefts, Circle and Tether have jointly taken steps to freeze a digital wallet believed to belong to the hacker responsible for the recent Bitget exchange heist. The coordinated action comes after an alarming breach that saw a substantial amount of cryptocurr…
Sept. 25, 2026, 2:41 p.m.