The two stablecoin issuers blacklisted a wallet labeled "Bitget Exploiter 8," locking about $318,000 in USDC and USDT—but the attacker swapped most funds into unfreezable ETH before they could act.
Why This Ethereum News Matters
Ethereum powers the majority of DeFi protocols, NFT marketplaces, and Layer-2 networks. This update could influence ETH gas fees, smart-contract activity, and the broader Web3 ecosystem.
This is for informational purposes only — not financial advice.
Always do your own research (DYOR) before making any investment decisions.
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