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Aave Freezes 292 Reserves Across 16 Networks After Binance Hot Wallet Hack

COINOTAG·October 30, 2026·1 min read
Aave Freezes 292 Reserves Across 16 Networks After Binance Hot Wallet Hack

Aave froze 292 reserves across 16 blockchain networks after a Binance hot wallet hack drained over 195,000 ETH. The exchange has frozen $3 billion in response. The move aims to protect user funds across affected networks and mitigate further losses from the exploit.

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