Queued GHO borrow-cap reductions on Aave cut Core market ceilings from 150 million to 105 million GHO and Prime market ceilings from 85 million to 35 million GHO

Overview Debates Related claims Topics Sources

Cc9f267dcClaimNews event

Aave guardians restored V3 and V4 market operations in four waves

Cc9f267dcClaimNews event

A wallet associated with the hacker behind the $6.3 billion Binance exploit deposited 60 million USDT into Aave V3 Ethereum Core to borrow 19,762 WETH

LlamaRisk reported on October 30, 2026, that the Aave position of the hacker behind the $6.3 billion Binance exploit remained overcollateralized with $59.9 million in assets against $43.8 million in debt

During Aave's freeze triggered by the Binance hack starting October 29, 2026, blocked deposits and ongoing supplier withdrawals drove utilization in major stablecoin pools to 92–100%

Aave set a zero loan-to-value ratio on V3 and zero collateral factor on V4 for nine assets including USDT, USDC, USDT0, POL, WAVAX, sAVAX, XAUt, PAXG, and OP, following the Binance hack

Attackers in the Binance breach on October 29, 2026 converted approximately 434 million USDT into 160,451 ETH on Uniswap, 1inch, and request-for-quote systems at prices 12% to 26% worse than market rates, according to Elliptic

Elliptic reported that attackers in the Binance hack on October 29, 2026 converted approximately $786 million in stolen stablecoins into Ethereum and Tron before asset freezes took effect

Attackers in the Binance breach on October 29, 2026 exchanged approximately 234 million USDT for 638 million TRX on SunSwap and sold $48 million in RLUSD stablecoins alongside approximately 150 other stolen tokens, according to Elliptic

Aave's zero collateral restrictions imposed after the $6.3 billion Binance hack prevent restricted assets from backing new loans while allowing existing V3 positions to retain their health scores and liquidation thresholds

LlamaRisk reduced Slope2 borrowing-rate parameters on Aave to flatten the upper interest-rate curve and protect borrowers from escalating rates during deposits blocked by the Binance hack

LlamaRisk executed lower borrowing ceilings on Aave V3 and V4, eliminating approximately $3.7 billion of unused borrowing capacity on V3 and $130 million on V4

Core USDC borrowing fell below levels before the Binance hack exploit by October 30, 2026, leaving its listed cap approximately 248.4 million USDC above current debt

LlamaRisk's modeled full-utilization borrowing interest rate ceilings listed 20% for Core DAI, 34% for Core USDtb, 25% for Monad mUSD, and 19% for Ethereum Core frxUSD

LlamaRisk reported that only the Aave V4 collateral-configuration wave of Aave's four-wave rollback plan was explicitly marked as executed by 13:49 UTC on October 30, 2026

Average USDC balances held across Coinbase products reached a record $22 billion in third-quarter 2026, generating $307 million in stablecoin revenue

The proposed United States GENIUS Act contains statutory provisions requiring stablecoin issuers to maintain technical capabilities to freeze, seize, and burn tokens tied to illicit activity

Cc9f267dcClaimNews event

The U.S. Secret Service and the FBI established a recovery partnership with Circle and Binance to trace stolen assets

Circle froze over $800 million in USDC tied to the October 29, 2026 Binance breach that drained approximately $6.3 billion, with the exact figure later specified as approximately $823 million

Tether froze over $1.5 billion in USDT tied to the October 29, 2026 Binance hack, while Ripple froze $200 million in RLUSD and World Liberty Financial froze $27 million in USD1

Cryptocurrency issuers and security teams froze approximately $2.67 billion to $3 billion in stablecoins and tokens, including USDT and USDC, following the $6.3 billion Binance hack on October 29, 2026