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Circle and Tether Act to Freeze Hacker's Wallet Following Major 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 action to curb the further movement of stolen funds. By blacklisting a digital wallet that was identified as a primary repository for the illicit proceeds, the companies aim to protect investors and uphold the integrity of the bro…
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 Immobilize Hacker Wallet Following Major 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 creator of USDT—have taken coordinated action to block a digital wallet that was identified as belonging to the perpetrators. The move marks a rare instance of collaboration between stablecoin issuers and high…
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 struck the Bitget cryptocurrency exchange, two of the world’s most prominent stablecoin issuers—Circle, the company behind USDC, and Tether, the issuer of USDT—have taken decisive action to try to stem the flow of stolen funds. Both firms announced that they have blacklisted a specific blockchain address that was identified as the primary repository for …
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.
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's Wallet Following Major Bitget Crypto Theft
In the aftermath of one of the most significant cryptocurrency breaches of the year, two of the industry’s most prominent stablecoin issuers—Circle, the company behind USDC, and Tether, the issuer of USDT—have taken coordinated steps to block a digital wallet that was identified as belonging to the perpetrators of the Bitget hack. This decisive action follows a high‑profile theft that saw an esti…
Sept. 25, 2026, 2:41 p.m.
Markets
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 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 aftermath of one of the most high‑profile cryptocurrency robberies of the year, two of the world’s most influential stablecoin issuers, Circle and Tether, have taken decisive steps to block a wallet that was used by the perpetrators to move stolen funds. The incident in question revolves around a massive heist at Bitget, a prominent digital‑asset exchange, where attackers managed to siphon…
Sept. 25, 2026, 2:41 p.m.