Binance Hack Puts DeFi on Alert as $5.5 Billion in Stolen Assets Raises Contagion Risk

The Binance hacker is reportedly converting at least **$5.5 billion** in stolen assets into **Ether** to avoid asset freezes. After large amounts of **stablecoins** including **USDT**, **USDC**, and **RLUSD** were frozen, Aave and Kamino imposed **lending-market restrictions** an

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