Aave Freezes V3 and V4 Markets After Binance Exploiter Deposits $60M USDT and Borrows 19762 WETH Aave's risk services provider to lamaRisk said that one wallet linked to the Binance exploiter generated about $60 million in Aave V3 Ethereum Core and borrowed 19762 WETH (worth about #036;44.6 million) between 20:58 and 21:01 UTC On October 29th about 40 minutes before the first freeze. The position remains overconsolidated and is the exploiter's only position on Aave. Aave faked all V3 and V4 markets as a precaution after a potential security incident involving linked Binance wallets, using new deposits and loans. Users can still withdraw assets and recover existing loans. In total, 175 V3 reserves across 16 networks and 117 V4 reserves across four networks were frozen. Abe said his contracts have not been affected, and he aims to lift the freeze as soon as possible. link