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Tether CEO (the company issuing the largest stablecoin USDT - a coin with an exchange rate pegged to the dollar) Paolo Ardoino cited a figure of 150,000 BTC, worth roughly $11.5 billion. The company's quarterly report lists about 100,000 BTC, and he did not specify where the difference came from.
On October 29, about $6.3 billion was withdrawn from Binance wallets across several blockchains. Tether, the issuer of the largest stablecoin (a coin whose exchange rate is pegged to the dollar), said it managed to immobilize more than $1.5 billion of the stolen USDT.
Brazil's largest crypto exchange Mercado Bitcoin suspended deposits and withdrawals on Monday, November 2, after its wallets were emptied across ten blockchains at once. Loss estimates from specialized security firms exceed $40M.
