727 FinancePANews October 30 news: Aave posted on X platform that it is aware of reports regarding a possible security incident involving a Binance-linked wallet. Aave contracts are unaffected, and all positions remain overcollateralized. As a precautionary measure, all DAO-operated markets on Aave V3 and V4 have been frozen, suspending new deposits and borrows, while users can still withdraw assets and repay existing positions. Aave founder Stani Kulechov said the team is closely monitoring the situation and will unfreeze the markets as soon as feasible. Previously, an address associated with the suspected Binance exploit had deposited approximately 60 million USDT into Aave and borrowed 19,762 ETH.
PANews October 30 news: Aave posted on X platform that it is aware of reports regarding a possible security incident involving a Binance-linked wallet. Aave contracts are unaffected, and all positions remain overcollateralized. As a precautionary measure, all DAO-operated markets on Aave V3 and V4 have been frozen, suspending new deposits and borrows, while users can still withdraw assets and repay existing positions. Aave founder Stani Kulechov said the team is closely monitoring the situation and will unfreeze the markets as soon as feasible. Previously, an address associated with the suspected Binance exploit had deposited approximately 60 million USDT into Aave and borrowed 19,762 ETH.