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MarketPublished by KAS Watch · September 27, 2026

Circle and Tether Freeze Funds After Bitget Exploit

Stablecoin issuers blacklisted a wallet holding approximately $318,000 in USDT and USDC following a major exchange exploit. Meanwhile, the majority of the stolen assets remain in ether, which lacks freezing capabilities.

Why it matters for the market

High-profile exchange security incidents can influence broader crypto market sentiment and risk appetite, potentially impacting liquidity conditions across alternative asset layers including Kaspa.

Original source

CoinDesk
Source publication · September 25, 2026 · 1 verified source
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