“The reason for this behaviour is SHIELD. It automatically detects deviations in flows, collects numerous inputs from KYT and intelligence providers, independent researches, companies and largest centralised players in the industry. Based on these signals the protocol can decide how to handle a transaction,” Shevchenko… Read More
Circle and Tether, the companies behind dollar-linked tokens USDC and USDT, have already frozen about $320,000 in stablecoins connected to the breach. Their tokens contain controls that allow the companies to blacklist addresses. Read More: Circle and Tether step in to freeze hacker wallet after… Read More
It’s cheap to set yourself up as a hacker these days using AI. Someone attacked 105 online retailers over a period of five days, compromising 27 of them — all for an average of $25 per attack, according to research by Israeli security company Gambit.… Read More
Circle and Tether have frozen stablecoins in a wallet linked to Thursday’s $351.6 million Bitget hack, though the amount is a small fraction of the total. Circle blacklisted the address, which Etherscan labels “Bitget Exploiter 8,” at 05:00 UTC Friday, onchain data shows. The wallet… Read More
