He Yi: The 60 million USDT collateralized by AAVE is not fully frozen

Oct 30, 2026 18:40:15

Some users are concerned that the frozen protocol collateral may trigger a chain liquidation in DeFi. He Yi, co-founder of Binance, responded that the 60 million USDT collateralized in AAVE is not fully frozen at this time.

He Yi stated that the hacker actually took away approximately 46 million dollars worth of ETH. After this portion of the assets is unfrozen through the law enforcement system, an additional 14 million dollars worth of recoverable assets will be available.

Recent Fundraising

More
Oct 29
$1BOct 29
$40MOct 29

New Tokens

More
Dec 31
Dec 31
SSaturnSTRN
Dec 31

Latest Updates on 𝕏

More