Hackers deposited stablecoins into Tron DeFi protocols like JustLend for non-freezable depository receipt tokens to evade issuer freezes

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Stablecoin issuers Tether and Circle froze more than $2.3 billion in stolen stablecoins following the $6.4 billion Binance hack on October 29, 2026

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Aave's guardian multisig froze new deposits and borrowing on its Ethereum V3 Core tBTC reserve

Risk manager Gauntlet placed the tBTC-backed market on Gauntlet's emergency exclusion list and withdrew approximately 65,000 USDC from Gauntlet's Ethereum Morpho USDC Core vault on October 31, 2026

Hackers swapped 234 million stolen USDT for an estimated 638 million TRX on decentralized exchanges on Tron to convert freezable stablecoins into native tokens

Stablecoin issuers Tether and Circle froze between $2.7 billion and $3 billion in stolen stablecoins following the October 29, 2026 Binance attack

Threshold Network stated on October 31, 2026 that no funds were lost and investigators found no unauthorized token minting on the tBTC bridge

The FBI published a sanctions list of 608 Ethereum, 19 Bitcoin, and 1 Solana address tied to the October 29, 2026 Binance hack, specifically urging DeFi platforms, node operators, THORChain THORNode operators, and RPC nodes to block them

Onchain analyst SomaXBT said Tether froze 378.7 million USDT across two attacker wallets on the Tron network, leaving the October 29, 2026 Binance hackers with roughly $249 million to move

Aave risk service provider LlamaRisk recommended the immediate freeze of tBTC on Aave's Ethereum V3 Core market following Threshold Network's operational suspension

Aave's freeze on its Ethereum V3 Core tBTC reserve allows existing users to continue repaying loans, withdrawing eligible collateral, and executing liquidations under existing risk parameters

Threshold Network reported on October 31, 2026 that tBTC remained fully backed with 4,320 BTC held in bridge wallets against 4,185 tBTC in circulation

Threshold Network suspended tBTC operations without disclosing the specific security issue or setting a reopening date, but stated existing tBTC remains transferable across Ethereum and layer-2 networks

Threshold Network instructed users on October 31, 2026 not to send Bitcoin to previously generated deposit addresses or repeat pending transactions during its Bitcoin bridge suspension

Aave's tBTC markets on the Base and Arbitrum networks were already frozen prior to October 31, 2026 during earlier asset deprecation rounds

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Anchorpoint partnered with the Solana Foundation to launch the HKDAP Hong Kong dollar-pegged stablecoin on the Solana blockchain

Anchorpoint targets institutional investors alongside retail users to broaden international access to Hong Kong dollar-denominated digital assets

Anchorpoint plans to use the Solana blockchain to facilitate access to HKDAP-enabled tokenized financial products

Solana Foundation APAC head Lu Yin stated that deploying Anchorpoint's HKDAP stablecoin on Solana bridges regulated financial infrastructure with public blockchain speed and scale

China's February 2026 updated regulations established that Bitcoin, Ethereum, and stablecoins such as USDT do not share the same legal status as sovereign currency

Anchorpoint has received regulatory licensing approval from the Hong Kong Monetary Authority (HKMA) to issue Hong Kong dollar-backed stablecoins