Binance estimated the potential losses from the hack at $6.3 billion, with approximately $3 billion already frozen. Tether froze more than $1.5 billion in USDT, Circle about $823 million in USDC, Paxos 1,906.67 PAXG, and BitGo $27.8 million in USD1. Arbitrum blocked 8,425 ETH and 74.56 million ARB, while Beam destroyed nearly 984 million BEAM tokens valued at about $3 million. Aave froze 292 reserves across its V3 and V4 versions to prevent new deposits and borrowing while allowing withdrawals and debt repayments. These measures aim to limit the circulation of stolen funds while the markets are gradually reactivated once the risks have diminished.
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