24 Hrs
Source:
اقتصاد
Who Holds $2.6T in Crypto
The theft of approximately $6.3 billion in assets from Binance, in a market valued at around $2.6 trillion, revealed that control over crypto assets is shared among exchanges, stablecoin issuers, and judicial and regulatory authorities. Binance said cooperation with relevant parties enabled it to freeze about $3 billion. Tether also froze $1.57 billion in assets linked to the hack, and Circle froze more than $800 million, while approximately $729 million was transferred before it could be frozen. The powers involved vary by asset type and where it is held: an exchange controls withdrawals from its accounts, and some stablecoin issuers can block addresses, but no central authority can reverse confirmed Bitcoin transactions. Private wallets therefore reduce reliance on exchanges, but shift the responsibility for security to the user.
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