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Circle and Tether Act to Freeze Hacker Wallet Following Major Bitget Crypto Theft
In the aftermath of the dramatic Bitget cryptocurrency robbery, two of the most influential players in the stablecoin arena—Circle, the issuer of USDC, and Tether, the creator of USDT—have taken decisive steps to impede the further movement of the stolen assets. By adding the offending wallet to their respective blacklists, they have effectively locked down approximately $318,000 worth of stablec…
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 cyber‑theft that targeted the Bitget cryptocurrency exchange, two of the world’s most prominent stablecoin issuers, Circle and Tether, have taken decisive steps to mitigate the damage by blacklisting a wallet that was identified as belonging to the perpetrators. The incident, which unfolded in early September, saw thieves siphon off a substantial amount of digital as…
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether Act to Freeze Hacker Wallet After Massive Bitget Crypto Heist
In the wake of a high‑profile theft from the cryptocurrency exchange Bitget, two of the world’s most prominent stablecoin issuers—Circle, the company behind USDC, and Tether, the issuer of USDT—have taken coordinated action to block a portion of the illicit proceeds. The move marks a rare instance of stablecoin issuers directly intervening in an on‑chain investigation, highlighting both the growi…
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 block hacker’s wallet following major Bitget crypto theft
In early June 2024, the cryptocurrency exchange Bitget suffered one of the most significant security breaches of the year, prompting a swift response from two of the industry’s most influential stablecoin issuers, Circle and Tether. The attackers managed to siphon off an estimated $1.5 million worth of digital assets, a sum that includes a mixture of stablecoins—USDT (Tether) and USDC (Circle)—as…
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 swift and coordinated response to one of the most significant cryptocurrency breaches of the year, two of the industry’s most influential stablecoin issuers—Circle, the company behind USDC, and Tether, the issuer of USDT—have taken decisive action to block a digital wallet suspected of being used by the perpetrators of the Bitget hack. The move underscores the growing willingness of major cr…
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 most prominent stablecoin issuers—Circle, the company behind USDC, and Tether, the creator of USDT—have taken decisive action to impede the further movement of stolen digital assets. By adding the offending address to their respective blacklists, they have effectively locked down a wallet that contained approxi…
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 Major Bitget Crypto Theft
In a decisive move that underscores the growing role of stablecoin issuers in the fight against cryptocurrency crime, Circle and Tether have jointly taken steps to block a digital wallet that was linked to a large‑scale theft from the Bitget exchange. The coordinated effort came after a sophisticated hacking operation siphoned a substantial amount of digital assets from Bitget, one of the world’s…
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.