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Binance hackers converted freezeable stablecoins to Ethereum using DEXs, some DEXs paused markets.
According to Etherscan records, Binance hackers are using decentralized exchanges such as Uniswap and Aave to convert freezeable stablecoins issued by Tether, Circle, and Ripple into non-freezeable Ethereum. Currently, Tether and Circle have frozen over $2 billion in stablecoins, and Ripple has also frozen approximately $200 million in RLUSD. In response, Aave has paused its Ethereum mainnet V3 market, and Kamino has paused its Solana and Bitcoin markets. The hacker's wallet still holds about $570 million in Ethereum. Previously, Binance was suspected of having at least $5.5 billion stolen.
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